News

Unions have criticised the University of Southampton for planning to close its lower-tiered earners' defined benefit (DB) pension scheme while paying its vice-chancellor over £400,000 a year.

The government's white paper on defined benefit (DB) security and sustainability has been delayed until spring, it has confirmed.

Michael Gibb has been appointed as Fidelity International's first head of stewardship and sustainable investing.

There are just a few days left to enter this year's UK Pensions Awards...

The Communication Workers Union (CWU) and Royal Mail Group are very close to securing an agreement on a collective defined contribution (CDC) plan for all members.

The Labour party has appointed Jack Dromey as shadow pensions minister, replacing Alex Cunningham who resigned last month.

Carillion has filed for compulsory liquidation after emergency talks with its lenders and the government failed to reach a deal that would save the company.

The Tax Incentivised Savings Association (TISA) will not be pursuing plans to provide a defined benefit (DB) transfer guidance service, it has confirmed to PP.

Average retirement income has hit a record high of £19,900 but half of employees planning to retire this year believe it won't be enough, research by Prudential reveals.

South Tyneside Council and Northumberland County Council are setting up a shared administration service for their pension funds to improve efficiencies and benefit from greater economies of scale.