News

Leo George has been promoted to head of sustainable ownership at RPMI Railpen after eight years working for the £25bn fund as an investment manager.

This week's top stories include coverage of a proposal to merge Royal Mail defined benefit and defined contribution members into a risk-sharing scheme.

Willis Towers Watson's master trust, LifeSight, has been added to The Pensions Regulator's (TPR) master trust assurance list.

Capita Employee Benefits has appointed Akash Rooprai as head of pensions risk management.

Imposing a higher levy on schemes without a substantive sponsor would be fairer and act as a deterrent, according to Pensions Buzz respondents.

The total funding shortfall across Balfour Beatty's pension schemes rose by £85m to £231m over the course of 2016, driven by interest rate falls and contraction in credit spreads.

The Department for Culture, Media and Sport (DCMS) has confirmed Openreach employees in the BT Pension Scheme (BTPS) will have their pensions underwritten by the government.

Technological disruption will only benefit savers when financial institutions realise they must serve the needs of customers, according to London Business School's David Pitt-Watson.

The Department for Work and Pensions (DWP) has appointed Ann Harris as chairwoman of The Pensions Advisory Service (TPAS).

In a move that had been widely expected by markets, the Federal Reserve has increased US interest rates by a further 25 basis points (bps), marking its third rise since December 2015, as the US economy continues to improve.