News

The Communication Workers Union (CWU) has attacked plans from the Post Office to close its defined benefit (DB) scheme to future accrual on 31 August.

Low & Bonar has completed a medically underwritten buy-in of £34m of liabilities within its defined benefit (DB) pension scheme.

IC Select has beefed up its stewardship service to help trustees monitor their fiduciary managers and run their schemes.

Just 13% of employers have reviewed their pension offerings since the April freedoms as most companies are still struggling to understand the implications, according to research.

Nearly three-quarters of employees believe they will less comfortable than their parents in retirement, while a fifth are seriously worried about their finances, according to research.

Changes to pension tax relief in recent years have already caused schemes to lose members on higher incomes, according to research from the Association of Consulting Actuaries (ACA).

Neil Barton has been hired as business development manager by actuarial firm Mitchell Consulting.

Some of UK's largest pension schemes and fund managers have called on Anglo American, Glencore and Rio Tinto to be more transparent over climate change risks.

Adrian Humphreys has been appointed to lead the health and risk business of JLT Employee Benefits as it looks to beef up services for clients.

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a follow-up consultation to firm up plans to develop a single market for personal pension products (PPPs).