News

The pooled structure set up by 12 local authority funds has appointed an interim chief investment officer (CIO), a chief risk officer (CRO), and head of equities and alternatives.

The estimated cost of pensions tax relief for employees to the government is expected to hit £24bn in this tax year, according to government data.

The government has indicated it may change the order in which debts are recovered during an insolvency, putting pension schemes higher up the hierarchy.

The local authority pool for nine central midlands funds has appointed Duncan Sandford, Mike Hardwick, Omar Ghafur and Michael Marshall as investment directors.

Sackers has outlined the ten key actions trustees need to take to understand the responsibilities that will be expected of them from 25 May.

Fund groups have been criticised as newly disclosed transaction costs under MiFID II show the actual cost of ownership of some of the UK's most popular funds is as high as 85% above previously disclosed OCFs.

Steve Webb says there are various ways to take action on executives who try to line their pockets by putting workers' pensions at risk

Universities are facing significant disruption after members of the University and College Union (UCU) voted for strike action over the planned closure of the Universities Superannuation Scheme (USS).

Redington has appointed Marian Elliot to lead and help build its first integrated actuarial business line, effective as of 22 January.

Pension Insurance Corporation (PIC) has agreed to insure all its pensioner liabilities with PartnerRe in a deal set to cover its full buy-in of the Dockworkers Pension Fund.