News

Minicab firm Addison Lee has been told its drivers are not self-employed, but are workers entitled to rights which would include pensions.

The Local Authority Pension Fund Forum (LAPFF) has announced the sudden death of its chairman, Ian Greenwood, on Monday (12 November) night at age 68.

The pension insurance market could be set for another record-breaking next year as schemes are already "in the queue" for deals at the start of next year, says Hymans Robertson.

A typical defined benefit (DB) scheme was able to meet 92.9% of its accrued pension rights as of 30 September, according to Legal & General Investment Management (LGIM).

The combined funding level decreased by just over four percentage points by the end of last month to 93.6%, according to the Pension Protection Fund's (PPF) latest update.

Plastics manufacturer Carclo has missed yet another dividend as it continues to battle its defined benefit (DB) pension funding shortfall.

Smart Pension has been appointed by Irish insurer New Ireland Assurance to provide it with a technology platform following an international competitive tender.

The research unit of NEST has launched its sidecar savings trial and revealed the organisations that will be taking part in the research.

Just under three quarters of defined contribution (DC) members are interested in seeing how their pension scheme's performance compares to others in the market, according to AllianceBernstein.

It will take between three and five years before collective defined contribution (CDC) schemes are up and running, despite the government launching a consultation on the provision.