Haynes Publishing Group has shut its defined benefit (DB) pension scheme to new entrants as the company's revenues have fallen in the past year.
In its annual financial results today the Somerset-based publisher of car manuals revealed it closed the UK scheme in June. The scheme reported a deficit of £13.3m on 31 May 2015 under the IAS 19 accounting...
Almost all listed asset managers have now signed up to the transparency code that launched 12 months ago to help local government funds get better cost data, writes Stephanie Baxter
This week's top stories include MPs questioning the regulator's leadership in a letter to the watchdog's chairman, and FTSE 100 schemes post accounting surplus for first time in decade.
While the majority of UK's largest pension funds have taken action on climate change, parliament says there are still some that are failing to manage their schemes responsibly.
Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.