US - Delivery company UPS has released positive full year trading results even taking into account its $6.1bn (€4.1bn) payment to withdraw from the Central States multi-employer pension scheme late last month.
UPS posted an adjusted loss of $4.25bn but fourth quarter returns rose year on year from $1.81bn to $1.85bn. It paid $1.7bn in dividends to shareholders.
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Welplan Pensions has triggered its exit from the master trust market, with just a few days to go until The Pensions Regulator's (TPR) application deadline.