HBOS has seen its pension fund deficit more than double over the last six months, its annual report and interim results reveal.
Risk sharing will not save defined benefit pension schemes but rather streamline them for future buyouts, the GMB says.
Workers in unfunded public sector schemes are paying less National Insurance than the private sector leaving the taxpayer with a £3.5bn bill, an expert claims.
A total of 3597 members from 15 pension schemes were transferred into the Pension Protection Fund in August.
Top UK directors are to retire on pensions of more than £200,000 a year, latest figures from the Trades Union Congress reveal.
THE fifth judge for the Specialist and Alternative Investment Manager Awards 2008 has been confirmed. He is Watson Wyatt senior investment consultant Paul Jayasingha.
GERMANY - German manufacturer Continental AG's trust arrangement has integrated the CTA of daughter firm Siemens VDO Automotive, acquired in December 2007, according to MandateWire.
THE TH White Pension and Life Assurance Scheme has appointed Lane Clark & Peacock to provide a full range of investment consulting services.
THE TaxPayers' Alliance has called on the Conservatives to prevent their councillors joining the local government pension scheme.
HYMANS Robertson has started to upload historic information on longevity from 100 occupational pension schemes as part of its Club Vita service.