News

The Sea Containers 1983 Pension Scheme has been fully insured in a bulk annuity deal completed by Aviva, almost a decade after receiving the regulator's first financial support direction (FSD).

The Work and Pensions Select Committee has urged the FCA to ban the use of contingent charging for pension transfer advice in its latest report into the British Steel Pension Scheme (BSPS).

Scottish Widows and Lloyds Banking Group's (LBG's) wealth businesses have decided to review their asset management arrangements and terminate their partnership arrangements with Standard Life Aberdeen.

Ensuring British Steel workers were well-equipped to make a decision on their future pension provision was "afforded insufficient priority", and the regulator now needs to review the process, the Work and Pensions Committee (WPC) has said.

The Border to Coast Pension Partnership has selected Northern Trust as to provide third-party administration and depositary services ahead of the looming April deadline for pooling.

Collective individual defined contribution (CIDC) schemes should be sought as the next form of pension provision, a university paper has recommended.

This week we want to know whether investment strategies are becoming too complex for the average member-nominated trustee without having actuarial and legal advice.

The Pensions Ombudsman (TPO) will become the hub for all pensions dispute resolutions as it plans to subsume The Pensions Advisory Service's (TPAS) team.

Hymans Robertson has appointed Michael Abramson as a partner and risk transfer specialist to grow its risk reduction offerings.

The UK inflation rate remained flat at 3% in January, according to the Office for National Statistics (ONS), beating analysts' expectations of a drop to 2.9%.