Local government pension funds across England and Wales lost £24bn in asset value during the past 12 months, figures from the department for communities and local government reveal.
It showed the market value of assets in English funds dropped from £120bn in March 2008 to £97.3bn in March 2009. Similarly the value of assets owned by Welsh local authorities' funds declined from...
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.