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Schemes cut their exposure to equities despite buoyant stock market performance last year, a new study shows.

UNIONS remain unhappy with British Airways' revised pension proposals despite them being approved by trustees.

The High Court has given trustees a "timely reminder" that schemes will be exposed to legal action unless member booklets accurately reflect deeds, lawyers warn.

F&C ASSET Management has expanded the criteria it uses to judge whether investments are suitable for its Stewardship range of responsible investment funds.

Campaign for youth

THE FACULTY of Actuaries is to consult its members on merging with the Institute of Actuaries.

Almost two-thirds of workers face a difficult retirement, new research shows.

HAMPSHIRE County Council Pension Fund has awarded a £300m global equities mandate to Newton Investment Management.

SCHEMES with weak employers should push hard for bigger contributions under The Pensions Regulator's new funding rules, delegates were told.

ITV'S unions have threatened to strike over its controversial pension proposals.