News

The government's proposed cap on redundancy payoffs in the public sector would require complex changes to the Local Government Pension Scheme (LGPS) regulations, the industry has warned.

Vince Linnane will step down from his role as chief executive of the Pensions Management Institute (PMI) next year.

The People's Pension has appointed State Street Global Advisors (SSGA) as its investment platform provider after reviewing its at-retirement offering.

Pensions Minister Baroness Altmann has said she looked into helping women affected by having the start date of their state pension put back twice, but could not find a way to do so.

Employers and trustees who do not consider digital solutions to deliver financial advice to members should think again, according to the People's Pension.

Increases in life expectancy have slowed significantly over the last four years according to the Institute and Faculty of Actuaries' Continuous Mortality Investigation (CMI).

Executives at blue chip companies had average employer contributions worth 34.1% of salary last year, according to the Trades Union Congress (TUC).

The National Association of Pension Funds (NAPF) has appointed Frank Johnson as chair of its defined benefit (DB) council, and Richard Butcher as chair of its defined contribution (DC) council.

Prudential UK and Europe has appointed Michael Abramson to lead its bulk annuity business after Andy Reed decided to step down from the role.

Will Aitken has been appointed as head of Deloitte's defined contribution (DC) and employee benefits business.