News

The Church of England Pensions Board and Church Commissioners have pulled out £12m from thermal coal and tar sands investments as they warn on the perils of climate change.

The Pensions Regulator (TPR) has issued four escalating penalty notices carrying a daily fine of between £50 and £10,000 against businesses that have failed to comply with their auto-enrolment (AE) obligations.

Mario Conti has been appointed a trustee executive by BESTrustees.

Robo-advisers could potentially be used to provide advice to employees, panelists at a WSB webinar said.

The National Association of Pension Funds (NAPF) has teamed up with insurers, unions and small businesses to urge the next government to set up an independent pensions commission.

Two trustees have been ordered to pay £193,000 into the Pilkington Tiles Pension Scheme after they moved surplus funds from the trustee bank account to the sponsoring employer.

The Supreme Court has ruled that Olympic Airlines did not have an establishment in the UK when its pension scheme trustees began insolvency proceedings to enable it for entry into the Pension Protection Fund (PPF).

Renold's defined benefit (DB) pension scheme has entered a buy-in to fully de-risk around 25% of its UK pensioner liabilities.

More than one in four Brits believe people should spend all their money in retirement and leave the next generation to fend for themselves, according to research.

Advisers are warning the message on pension reforms has been misunderstood after experiencing a surge in interest from people looking to cash in their annuities.