Investment

The Global Marine Systems (GMS) pension scheme has appointed Aon Hewitt to act as fiduciary manager.

The government should focus on improving defined contribution (DC) provision in developing the defined ambition agenda, according to the TUC.

Minute gains in the FTSE has seen private sector defined benefit deficits increase for the second month in a row, adding £20bn, research from the Pension Protection Fund (PPF) shows.

Scottish Life and Royal London Asset Management (RLAM) both secured year-on-year new business boosts in the first quarter of 2013, according to Royal London Group.

The BT Pension Scheme has seen its defined benefit deficit more than double to £5.7bn as discount rate falls pushed up liabilities, its final year results show.

The Department for Communities and Local Government (DCLG) is expected to launch a call for evidence into a merger of local government pension scheme (LGPS) funds.

The combined defined benefit deficit of FTSE350 firms has risen 50% during the first four months of this year, research from Mercer shows.

Buzz respondents were split equally over the prospect of scrapping compulsory limited price index (LPI) inflation protection for DB schemes.

The Financial Reporting Council (FRC) has launched two investigations into the conduct of KPMG Audit.

Trustees of the Kodak Pension Plan (KKP) have launched a new scheme for its 15,000 members after reaching an unprecedented agreement to keep them out of the Pension Protection Fund.