News

FTSE 100 companies are falling short in reporting workforce issues despite increased public scrutiny and regulatory focus on disclosure, research by the Pensions and Lifetime Savings Association (PLSA) and the High Pay Centre reveals.

One third of schemes have calculated transfer values for guaranteed minimum pension (GMP) equalisation, according to last week's Pensions Buzz respondents.

The trustees of the Dresdner Kleinwort Pension Plan have completed a full £1.2bn buy-in with Pension Insurance Corporation - covering the scheme's £900m final salary section as well as a £300m money purchase section.

Legal & General's (L&G) two master trusts have been authorised, four months after they submitted their applications.

The Pension Protection Fund (PPF) has begun issuing top-ups to the benefits of members affected by the compensation cap after last year's landmark court ruling.

Pension Insurance Corporation (PIC) has entered a £65m agreement with Livin Housing to develop affordable housing in County Durham.

HM Revenue and Customs (HMRC) has formed a working group to help schemes consider the pension tax issues arising from the guaranteed minimum pension (GMP) equalisation process.

Marsh & McLennan Companies (MMC), the parent company of Mercer, has completed the acquisition of JLT today for $5.6bn (£4.3bn).

A trustee is imprisoned after using employees' funds to prop up struggling businesses and buy a home for his daughter. James Phillips looks at the details of the case.

Here it is... The video of all the highlights from Wednesday night's PP Rising Star Awards.