News

The government is looking for a new administrator to service the Royal Mail Statutory Pension (RMSPS) Scheme, the UK's sixth largest public sector pension fund.

A government proposal to limit the right to transfer pension funds amid increasing scam activity has been welcomed by the industry.

Airways Pension Scheme (APS) trustees did not have the authority to make an amendment to the scheme rules, a lawyer for British Airways (BA) has told the High Court.

The government has launched a consultation on banning pensions cold calling and limiting the right to transfer after a rise in scams since the pension freedoms.

Newton Investment Management has appointed Susan Noble to take over from Helena Morrissey as non-executive chairwoman.

Most respondents in last week's Pensions Buzz were not shocked by the revelation that thousands of DC schemes are breaching scheme return rules.

Members of the Universities Superannuation Scheme (USS) have relaunched their campaign pressing trustees to ditch weapon investments, arguing they need a "pension to be proud of".

The Northern Ireland Local Government Officers' Superannuation Committee has invested £100m in M&G Real Estate's UK residential property strategy.

Private sector defined benefit (DB) schemes saw a small improvement in their funding ratios in November after a year of market turmoil.

The Pension Protection Fund (PPF) has put into effect changes to actuarial assumptions used in sponsor insolvencies and to calculate risk-based levies.