Investment

Premier plans to expand into the provider market by launching a multi-employer defined benefit (DB) scheme and a defined contribution (DC) master trust in March this year.

Lloyds Trade Union (LTU) members have voted in favour of a ballot on industrial action should Lloyds Banking Group (LBG) freeze pensionable pay increases.

F&C shares have jumped by 22% after the group said it has received a takeover approach from Canada's Bank of Montreal.

Equities have taken a tumble as the emerging markets (EM) sell-off continues.

The Somerfield Pension Scheme has hired BNY Mellon for a custody and investment accounting mandate.

Nine out of 10 respondents said public sector schemes would still be with us in a decade, although the majority of those thought they would be significantly changed.

Buzz respondents were not generally against underfunded schemes pursuing liability driven investment (LDI) strategies.

The vast majority of Buzz respondents are pretty relaxed about trustees agreeing to asset-backed contribution structures (ABCs).

The Governor of the Bank of England has indicated his policy of linking interest rates to unemployment could be scrapped less than six months after its creation.

The Local Government Pension Scheme's (LGPS) structural reform must be consistent with other changes and adhere to a realistic timetable, the LGPS national advisory board warns.