Oil giant Shell is to close its defined benefit pension scheme to new joiners and replace it with a UK defined contribution plan.
The Anglo-Dutch said the move was a reflection of "market trends in the UK". The company was one of the last FTSE100 companies to operate an open DB scheme. The company said the replacement DC scheme...
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.