Investment

Unions have criticised the University of Southampton for planning to close its lower-tiered earners' defined benefit (DB) pension scheme while paying its vice-chancellor over £400,000 a year.

Michael Gibb has been appointed as Fidelity International's first head of stewardship and sustainable investing.

The Communication Workers Union (CWU) and Royal Mail Group are very close to securing an agreement on a collective defined contribution (CDC) plan for all members.

Carillion has filed for compulsory liquidation after emergency talks with its lenders and the government failed to reach a deal that would save the company.

The Tax Incentivised Savings Association (TISA) will not be pursuing plans to provide a defined benefit (DB) transfer guidance service, it has confirmed to PP.

Industry voices outrage over salary disconnect after research shows how much FTSE 100 top bosses earn over the average worker.

Concerns over the potential imminent collapse of construction group Carillion has led to crisis talks over its 13 UK defined benefit (DB) schemes, according to reports.

Retired households are increasingly relying on private pension provision for income, but there is a huge gap between the rich and the poor, Office for National Statistics (ONS) show.

David Curtis says fixed income is now entering a 'cycle-aware' phase, where investors need to be more conscious of risk.

Robin Ellison says regulators need to seize the initiative and explain both to themselves and to scheme members that investment risk is a good thing.