Investment

Mitie Group is consulting with members of its main defined benefit (DB) scheme over a proposed change to their future pension entitlement.

The BT Group pension scheme's deficit hit £7.3bn gross of tax after an increase in market inflation expectations.

State Street UK has been fined £22.9m by the Financial Conduct Authority (FCA) for deliberately adding concealed charges to transition management(TM) clients' bills.

Trustees and pension professionals believe there should be regulatory requirements on schemes to put in place better support for members at retirement, Spence Johnson research finds.

John Lewis is proposing to cut its defined benefit (DB) pension scheme and introduce a hybrid scheme with an extended defined contribution (DC) structure.

The Church of England (CoE) Pensions Board has appointed MSCI ESG Research to help it filter out investments in high interest rate lenders, tobacco, pornography, gambling and weapons.

Mortality rates in England and Wales were higher than expected in 2013 as the number of deaths registered exceeded 500,000 for the first time in five years.

Stranded carbon assets, poor staff management and concerns over working conditions pose significant financial risks to companies, Standard Life Investments (SLI) warns.

Japan's Nikkei has dropped another 2.5% overnight as equity markets move further into the red following a fresh tapering announcement from the US Federal Reserve.

A series of shock rate hikes have failed to prevent a fresh sell-off in emerging market currencies, with developed market equities including the FTSE 100 also caught in the storm.