Barratt Developments has posted a £7.1m gain in income as a result of closing its defined benefit scheme to current employees.
The housebuilder's final results for the year to June 30 - which revealed a pre-tax loss of £678.9m and were accompanied by an announcement to raise £720.5m in a rights issue - said the curtailment gain...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.