News

The actuarial funding deficit on Barclays' main defined benefit (DB) scheme has risen to £7.9bn in its September 2016 triennial valuation, following falls in gilt yields.

Retirees have seen their disposable income grow by around £3,000 since the end of the 2008 financial year, latest data reveals.

Most respondents believe raising it to 68 earlier than planned is good for the economy

More than 10,000 counts of tax overpayment relating to pension freedoms have led to a £26.8m bill for HM Revenue & Customs (HMRC), latest data has revealed.

This week's top stories include Now Pensions voluntarily withdrawing from the regulator's master trust assurance list as it battles with historic contribution issuers.

Disclosure of investment costs can be achieved without necessarily finding out the true value of implicit costs, Kempen Capital Management argues.

The Pensions Regulator (TPR) has fined London Borough of Barnet Council £1,000 for failing to submit a 2016 scheme return for the London Borough of Barnet Pension Fund.

The £43bn Border to Coast Pensions Partnership (BCPP) has appointed RPMI's outgoing chief executive Chris Hitchen as non-executive chairman.

Transfers to Qualifying Recognised Overseas Pension Schemes (QROPS) are down for the second tax year in a row - to 9,700 transfers worth £1.22bn in 2016/17 - according to HM Revenue & Customs data.

Pension Insurance Corporation has invested £60m with Red Kite Community Housing, a regulated housing association based in High Wycombe.