Banking giant HSBC Holdings is to make contributions of $1.23bn (£630m) into its defined benefit pension schemes this year.
The UK scheme will receive $589m (£300m) as part of a deal agreed with trustees to clear the deficit by 2015. Further payments of $913m (£467m) will be made in 2012, 2013 and 2014. The firm’s accounts...
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.