Investment

Staff at the Atomic Weapons Establishment (AWE) will strike over the closure of the firm's defined benefit (DB) scheme at the end of this month.

The CovPress pension scheme has come out of the Pension Protection Fund (PPF) after the automotive supplier was acquired by Liberty House in the first rescue of its kind.

This year is set to be a bumpy ride with yet more geopolitical events and tensions between central bank policies. Stephanie Baxter takes a look at investment predictions for 2017.

Some of the UK's biggest pension schemes have co-founded an initiative to better understand how the transition to a low carbon economy affects their investments.

The combined deficit of defined benefit (DB) schemes increased by £29.2bn over December to £223.9bn according to the Pension Protection Fund's (PPF) latest update.

Unite has called on energy minister Jesse Norman to meet with trade unions to discuss proposed pension reforms for workers in the nuclear industry.

Pensions minister Richard Harrington has said the government will work with the Financial Conduct Authority (FCA) to improve transparency of pension costs.

University of St Andrews' £90m defined benefit (DB) scheme has delegated its day-to-day investment management to Aon Hewitt to reduce volatility and increase diversification.

Companies will need to set aside an extra £10bn every year for the next decade in order to fix the growth in defined benefit (DB) deficits over 2016, according to PwC.

Pension funds have been given extra time to prepare for potentially onerous rules requiring their over-the-counter (OTC) derivative transactions to be centrally cleared.