News

Universities Superannuation Scheme (USS) has seen its funding deficit increase by £2.4bn in its latest triennial valuation as low gilt yields pushed up its liabilities.

Kirsty James and Andrew Worthington have been made associates at Sackers, taking the firm's total number of lawyers to 51.

The amount of tax the government has collected from people breaching the lifetime pension allowance (LTA) has risen by 276% since George Osborne became Chancellor.

The Pensions Regulator (TPR) has told defined benefit trustees to assess employer covenants as part of their triennial valuations, and monitor employer support regularly.

BT Pension Scheme has almost doubled its exposure to private equity through Hermes Gartmore Private Equity (GPE).

Lorraine Bennett has joined the Local Government Association (LGA) as pensions adviser after working for a string of local pension schemes.

The devaluation of China's currency will have a deflationary impact on global markets in the near term, according to Royal London Asset Management.

The Pensions Regulator (TPR) is to launch a tool to help small employers assess their work force for auto-enrolment and calculate contributions.

Former pensions minister Steve Webb has joined Royal London as director of policy and external communications.

Blue chips have halved deficit payments since 2012