News

This week the High Court heard the BA trustees' actions led to corrosion of role and responsibility, while the industry welcomed plans to crack down on fraudulent transfers.

Policymakers must do more to boost basic financial literacy so people can make good decisions and adequately plan for their retirement.

International Accounting Standards Board chairman, Hans Hoogervorst, has said arguments to change the accounting standard are "flawed" as it should reflect the economic reality, no matter how ugly.

UK pension schemes' average allocation to bonds has risen to over 50% for the first time according to The Pension Protection Fund's (PPF's) Purple Book.

Trustees of the Airways Pension Scheme (APS) could have awarded a discretionary increase without amending the scheme rules, their lawyer has told the High Court.

RedSTART has become a fully registered charity four years after it was launched by three employees at Redington.

Tata Steel UK has agreed with unions to start consulting on closing the British Steel Pension Scheme (BSPS) and replacing it with a "competitive" defined contribution (DC) arrangement.

Trade bodies have launched a consultation to explore how all types of pension transfers can be sped up to improve access for members.

Private sector defined benefit (DB) schemes have seen a significant increase in running costs per member since 2015, according to the Pensions and Lifetime Savings Association's annual survey.

Airways Pension Scheme (APS) trustees' misunderstanding of the purpose of a defined benefit (DB) scheme was not consistent with regulation and produced "absurd results", British Airways' (BA) lawyer has told the High Court.