Metronet strike called off following mayoral intervention
A planned 48-hour tube strike has been formally called off since Metronet has received written confirmation on employment conditions from the Mayor of London.
National Union of Rail, Maritime and Transport Workers said substantial progress had been made in settling pension, outsourcing and travel disputes for 2500 of its members. The union threatened industrial...
Latest stories
ITS hires new director in London office
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
PPF consults on adopting more 'optimistic' assumptions
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
PPF index: DB deficit falls 27% to £62.8bn
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Buck name revived as Conduent completes sale of HR consulting arm to H.I.G. Capital
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.