A worrying number of defined benefit (DB) scheme sponsors appear under-prepared for the end of contracting out says Hymans Robertson.
At the time of writing this we had just heard how four banks pled guilty to conspiring to fix prices and rig bids in the foreign exchange (FX) market. Helen Morrissey asks if the fines levied are enough to bring much needed change.
The vast majority of schemes with valuation dates between September 2014 and September 2015 will need to consider extending recovery periods and increasing contribution rates, The Pensions Regulator says.
Local government schemes face a "real drain on resources" in getting to grips with ethical, social and governance (ESG) risks, according to Avon Pension Fund's investment manager.
PP looks at the investigation that led to four banks pleading guilty to criminal charges over FX manipulation
Lord Hutton believes the next three years will see "extraordinary change" for the local government scheme. Stephanie Baxter reports
Tata Steel UK faces the possibility of more than 6,000 of its workers taking striking over the company's proposal to close the British Steel pension scheme (BSPS).
A sharp drop in inflation expectations and continuing low gilt yields have undermined the ability of the UK's biggest firms to support their pension schemes, research finds.
The Royal Mail Pension Plan's (RMPP) surplus has risen by £1.5bn in 12 months, according to the postal service's annual report.
UK and US watchdogs have fined six global banks more than $5.6bn (£3.6bn) after four of them admitted manipulated foreign exchange (FX) markets.