News

Worcestershire County Council Pension Fund has implemented a solution to bank some of the recent upside in the equity markets and protect these gains through to its 2019 triennial valuation, PP has learned.

Former Pension Protection Fund (PPF) chief executive Alan Rubenstein says he would have liked to see 'more action' on recovery periods for underfunded schemes.

JLT Employee Benefits has hired Michael Wray as its chief operating officer and director of strategic investment solutions in a bid to strengthen its investment consulting and fiduciary management offering.

Concluding that the purpose of a pension scheme is not simply to apply the employer's preferred remuneration strategy would result in trustees becoming "paymaster", the Court of Appeal has been told.

Conduent has announced it is to sell its human resource consulting and actuarial business - the part of the firm formerly known as Buck Consultants - to private equity investor, H.I.G. Capital.

Defined contribution (DC) schemes that have opted for passive management should consider whether a multi-factor portfolio better suits their needs, Aon says.

In this week's Pensions Buzz, we want to know if you agree with comments made by the Pensions and Lifetime Savings Association, and whether the pensions dashboard is still on track.

The combined deficit of the UK's private sector defined benefit (DB) schemes fell by 40% to £78bn on an accounting basis during April, JLT Employee Benefits analysis has revealed.

The Pension Protection Fund (PPF) has appointed Chris Cheetham and Emmy Labovitch to its board as non-executive directors.

The prospect of public sector workers losing some of their pension because of mistakes made by the government is "disgraceful", the Liberal Democrat work and pensions spokesman says.