South Tyneside Council and Northumberland County Council are setting up a shared administration service for their pension funds to improve efficiencies and benefit from greater economies of scale.
The service will be based at the South Tyneside Council's offices in South Shields and will use the services already provided by the £8.4bn Tyne and Wear Pension Fund. The funds said in a statement...
The trustees of GKN Group's Pension schemes have warned Melrose Industries about its recent the pension funding position, following a bid to take over its the business.
Hymans Robertson has appointed Baljit Khatra as a risk transfer consultant as the firm prepares for the busiest year ever for the bulk annuity market.
Just and the International Longevity Centre (ILC) UK have joined forces to develop creative solutions to tackle vulnerability in later life.
Four in five members of UK pension schemes do not know how to utilise savings pot for retirement, according to research by MFS International.