UK - Scottish Equitable has been appointed to the £191.2m Alcatel Pension Scheme as an additional voluntary contribution (AVC) provider.
The firm will work alongside existing provider Equitable Life. The decision to review the situation was taken after the troubled former mutual closed its doors to new business.
The make-up of the tech company scheme includes Barclays Global Investors (BGI) which runs a defined contribution option, and Nationwide which oversees a cash fund.
It is understood that the fund trustees are considering a move of with-profits to a new account in the Nationwide contract.
The move was advised by Bacon & Woodrow.
By Madhu Kalia
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.