Friends Provident is to reinvent itself as a specialist pensions and life cover provider following the appointment of former Standard Life UK chief Trevor Matthews.
Friends said its strategy had been devised to deliver enhanced profitability and reduce capital intensity, including a substantial reduction in the cost base. Friends plans to focus on its core strengths...
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.