News

Institute for Fiscal Studies (IFS) economist James Banks has warned the UK must upgrade the skills of workers and boost productivity to solve the social strains from an ageing population.

The Pensions Regulator issued 173 fines to schemes and trustees during 2016 as a result of failures to prepare annual governance statements or complete scheme returns.

The National Employment Savings Trust (NEST) has teamed up with Vanguard to boost the research it does into defined contribution (DC) savers.

The investment pool set up by the Lancashire County Pension Fund and the London Pensions Fund Authority (LPFA) has rolled out a new fund to investment in global infrastructure projects.

The Financial Conduct Authority (FCA) has eased new rules for the Local Government Pension Scheme (LGPS) after concerns they could pose barriers to infrastructure investment and even cause an asset fire-sale.

The transparency campaigner has welcomed the regulator's proposals for cost disclosure, refuting claims the asset management industry's code has been created without independent oversight.

In line with Cridland report

Marcus Fink will join PwC's pensions team as a director this month as the firm looks to grow its legal practice.

The Pensions Ombudsman (TPO) has stood behind the Standard Life staff pension scheme's decision to not issue a new transfer value, despite a member agreeing to pay for it.

The new work and pensions minister David Gauke has laid into past governments who "tinkered around the edges" with pensions policy.