The trustees at publishing company Newsquest are facing accusations of irresponsible investment after the firm told employees it was planning to close its final salary scheme to existing members.
The National Union of Journalists said letters had been sent to employees outlining plans to axe its final salary scheme - with some members' receiving the news on Friday last week, while others recieving...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.