Investment

The Pension Protection Fund (PPF) has opened a consultation on its proposal to call for out of cycle valuations following changes to the definition of money purchase benefits.

How do schemes know when to replace an underperforming fund manager?

Asset managers must reveal the full cost of management to investors, as concealed costs can account for up to 85% of a fund's total transaction fees, the Pensions Institute says.

Mitchells and Butlers is set to resume dividend payments after agreeing a deficit recovery plan that includes a parent company guarantee and a negative pledge, in favour of the scheme.

Chairman of the Association of Consulting Actuaries (ACA) Andrew Vaughan says transfers from defined benefit (DB) to defined contribution (DC) schemes should not be blocked.

Trustees should expect greater due diligence from companies proposing defined benefit (DB) scheme changes following the IBM ruling, lawyers have warned.

The trustee of the Dairy Crest pension scheme has accepted a reduced schedule of recovery payments in recognition of investments made by its sponsoring employer that will strengthen its covenant.

A collective investment vehicle (CIV) for London's Local Government Pension Scheme (LGPS) funds will go live in the next 12 months, according to London Council's Hugh Grover.

The Daily Mail and General Trust (DMGT) has agreed a plan to tackle its pension deficit by making payments of £34m a year with additional contributions if it engages in share buy backs.

Asset manager River and Mercantile plans to float on the main market, following its merger with fiduciary management firm P-Solve earlier in the year.