The trustees of the Massey Ferguson Works Pension Scheme have appointed Watson Wyatt to provide administration, accounting, pensioner payroll and trustee secretarial services.
This follows a review of alternative solutions to ensure "long-term continuity and compliance" at the scheme. Chairman of the trustees Colin Hefford said: "The trustees have been fortunate to be able to...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).