News

Now Pensions has appointed Neil Buckley as chief operating officer and Capita's Neil Brady as operations director in its Nottingham office.

Airways Pension Scheme (APS) trustees should have updated the scheme trust deed and rules when British Airways (BA) was privatised in 1987, a trustee has told the High Court.

Airways Pension Scheme (APS) trustees did not intend to hardwire Retail Price Index (RPI) during a test for awarding discretionary increases, a trustee has told the High Court.

The Department for Work and Pensions (DWP) has issued a consultation on indexation and equalisation of guaranteed minimum pensions (GMP) in public service pension schemes.

JPMorgan Asset Management has cut the charges on its Life Diversified Growth Fund (DGF) and introduced greater flexibility to the investment strategy.

'Annuity comparator' tool to be established

The industry has expressed surprise at the number of defined contribution (DC) plans failing to complete their scheme returns on time.

There is an eight month backlog to process guaranteed minimum pension (GMP) data at HM Revenue and Customs (HMRC) according to Hymans Robertson.

There are at least 3,703 private sector defined contribution schemes which are classed as never having completed a scheme return, a Freedom of Information (FOI) request to The Pensions Regulator (TPR) has revealed

ShareAction has called on the UK government to ensure protections within IORPs II are adopted despite the results of the EU referendum.