News

Zurich has added to the retirement support available to members of its workplace pension schemes with the introduction of a pot consolidation service and financial planning tool.

Schemes have been urged to check amendments to scheme rules carefully after the High Court ruled against an employer in a case that could increase its pension liabilities by £17m.

The Pensions Ombudsman has ordered Abbey Life to pay almost £10,000 to a member for failing to inform her that she had a guaranteed annuity rate (GAR).

The trustee of the Merchant Navy Ratings Pension Fund (MNRPF) has appointed Towers Watson to provide fiduciary management services to the £850m scheme.

Capital Cranfield Trustees has expanded with the appointment of Stella Girvin and Martin Flavell as client directors.

Former pensions minister Steve Webb believes the money put into Pension wise would have been better spent giving retirees vouchers for financial advice.

Dairy Crest has bought back properties owned by its defined benefit (DB) pension scheme ahead of the sale of the group's dairies business in December.

The Pensions Administration Standards Association (PASA) has stepped up its campaign to help administrators deal with the end of contracting out in 2016.

Former pensions minister Steve Webb believes the money put into Pension wise would have been better spent giving retirees vouchers for financial advice.

Uber drivers have begun legal proceedings against the company to be classed as employees and earn related benefits.