Investment

Taha Lokhandwala on the challenges to healthy scheme funding

A fire has put one of three deep mines run by UK Coal at serious risk of closure just months after a deal with its pension scheme appeared to have secured its future.

Moody's has stripped the UK of its AAA credit rating on fears over rising government debt and years of slow economic growth ahead.

The trend for ‘big four' auditors to focus on management aims of clients rather than shareholder need leads to "significant dissatisfaction" for institutional investors, the Competition Commission says.

Hermes Equity Ownership Services has joined US pension funds in calling for the removal of JP Morgan Chase chief executive Jamie Dimon's dual role as chairman.

Premier Foods will use the consumer prices index to calculate benefits in its RHM Pension Scheme following a 66% spike in overall deficits, its 2012 results show.

Scheme deficits increased significantly in January according to the latest funding survey, compounding mixed messages on the state of defined benefit funds during a month of stock market gains.

Insurer RSA saw its deficit rise substantially despite an increase in its assets and contributions from the sponsor, its results show.

Bank of England governor Mervyn King voted to increase quantitative easing by a further £25bn at February's Monetary Policy Committee meeting, latest minutes reveal.

Intercontinental Hotel Group has agreed to contribute an additional £45m to its UK defined benefit scheme over the next two years.