News

Investment manager State Street Global Advisors (SSGA) has taken a minority stake in online pension consolidation business PensionBee

Defined benefit (DB) schemes have hit their best funding position since April 2014, according to the Pension Protection Fund (PPF).

Inflation rose to 3.1% in November, according to the Office for National Statistics (ONS), beating previous estimates that it would hold steady at 3%.

The Pensions Regulator (TPR) is seeking to convict a healthcare company and its managing director for allegedly breaching their auto-enrolment (AE) duties.

Over a third (37%) of 50- to 75-year-olds are unsure when and how to access their pension, Old Mutual Wealth and YouGov research reveals.

The £3bn Merchant Navy Officers Pension Fund (MNOPF) has insured around 2,500 pensioner members in a £490m buy-in with Legal & General (L&G).

Ingrid Everson has been appointed as a client director at Independent Trustee Services (ITS) to lead trustee appointments in the West Midlands.

The estimated transfer value quote for the average defined benefit (DB) member stayed fairly stable over November, according to Xafinity.

Five local government pension schemes have committed £100m collectively as cornerstone investors to a ten-year closed-end vehicle called Hearthstone Residential Fund 1 (HRF1).

Labour leader Jeremy Corbyn has become the hundredth MP to call for the £621m parliamentary pension scheme to divest from fossil fuels.