Balfour Beatty has announced plans to make further cuts to benefits paid under its defined benefit pension scheme in a bid to reduce its deficit.
The construction firm said from January 1, 2011 further increases in salary will no longer be reflected in increased pensions for members. Announcing its results for the first half of 2009, the company...
A new criminal offence of neglecting pension responsibilities will be announced in a pensions white paper this week, the prime minister has confirmed.
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.