Investment

Fund groups have been criticised as newly disclosed transaction costs under MiFID II show the actual cost of ownership of some of the UK's most popular funds is as high as 85% above previously disclosed OCFs.

Steve Webb says there are various ways to take action on executives who try to line their pockets by putting workers' pensions at risk

Universities are facing significant disruption after members of the University and College Union (UCU) voted for strike action over the planned closure of the Universities Superannuation Scheme (USS).

Jonathan Stapleton says government must take action to help lift the DB burden facing many UK businesses, rather than simply just blaming 'greedy' bosses and shareholders for pensions loss.

Redington has appointed Marian Elliot to lead and help build its first integrated actuarial business line, effective as of 22 January.

Pension Insurance Corporation (PIC) has agreed to insure all its pensioner liabilities with PartnerRe in a deal set to cover its full buy-in of the Dockworkers Pension Fund.

Barclays Bank has defended plans to move its defined benefit (DB) pension scheme to its investment banking arm once it splits in April.

The London Borough of Southwark Pension Fund has invested in BlackRock's newly-launched tax transparent fund that reduces carbon exposure in equities, PP has learned.

The Environment Agency Pension Fund (EAPF) has invested £150m in a tax transparent fund launched by Robeco, which will provide a low-carbon approach to value investing.

Carillion's 13 UK defined benefit (DB) pension schemes had a combined £2.6bn buyout deficit upon its collapse on 15 January, according to an analysis for Sky News.