News

The pool set up by nine central midlands local authority pension funds has been given the green light by the Financial Conduct Authority (FCA) to operate as an alternative investment fund manager.

Respondents say dividend clearance regime for firms with pension deficits is a bad idea.

The UK's defined benefit (DB) pension schemes were 129% funded on a 'best estimate' basis on 31 December 2017, according to First Actuarial.

Carillion's 13 UK defined benefit (DB) schemes were added to the Pension Protection Fund's (PPF) watch list by autumn last year, the Financial Times reports.

Trustees should focus on getting good education rather than simply amassing qualifications in order to strengthen their scheme governance, according to River & Mercantile.

Allied Healthcare and Saga are set to offer a savings product to employees following a tie-up between Salary Finance and Yorkshire Building Society.

M&G Prudential has announced plans to terminate its contract with Capita for the administration of its UK life and assurance business.

The Fraud Compensation Fund (FCF) levy will unfairly hit auto-enrolment (AE) savers under government proposals, The People's Pension has warned.

Up £2,000 from final 2016 figure

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