Investment

Johnson Service Group (JSG) will merge its existing three defined benefit (DB) schemes into one as it looks to cut operating costs.

Deficits in the private sector rose in August with smaller-cap listed and unlisted firms mainly to blame, research from JLT Employee Benefits (JLTEB) shows.

Legal and General Trustees has (LGT) changed the rules of its master trust to accept members from closing occupational schemes to boost the scale of the vehicle.

Timing the introduction of governance changes in the Local Government Pension Scheme (LGPS) will be key to their success, respondents to a Department for Communities and Local Government (DCLG) consultation have warned.

Serco has paid £16.8m to eliminate the deficit of its Vertex pension fund, paving the way for it to be transferred into the company's main defined benefit (DB) scheme.

Twenty questions to help trustees understand what they will be paying for

Guinness Peat Group (GPG) has agreed to double payments to its main scheme as The Pensions Regulator (TPR) continues to investigate whether to force the company to increase contributions.

Swallowfield has appointed Punter Southall to provide actuarial, investment and administration services for its Aerosols International Limited Pension Plan (AILPP).

Legal & General property has begun developing a building acquired by the business in 2009 by adding 25,000 sq foot of office space.

Almost half the respondents to this week's Pensions Buzz think the bumper profits reported by several asset management firms this month should feed into lower fees for investors.