News

Members of IBM's UK defined benefit (DB) schemes will be able to claim damages against the company over the closure of the schemes, the High Court has ruled.

Equiniti Pensions Solutions has been ranked the top in-house administrator in Professional Pensions' latest annual administration survey.

Balfour Beatty has set up an £85m asset-backed contributions structure to plug the estimated £284m deficit of its defined benefit (DB) pension scheme.

Pensions Minister Steve Webb has rebuffed calls for a new Pensions Commission aimed at bringing stability to the industry.

Heathrow has agreed to spend an extra £3m annually over nine years until 2023 to plug the £300m deficit of its defined benefit (DB) pension scheme.

The market for enhanced bulk annuities has almost hit £700m after a bumper fourth quarter in which 10% of all transactions was medically underwritten, according to research from Hymans Robertson.

Deloitte has launched a defined benefit (DB) master trust that bundles up its actuarial and administration services.

Trustees struggle to assess asset managers and investment consultants, according a Financial Conduct Authority (FCA) review that also identified conflicts of interest and a lack of competition in the markets.

An incoming government must set up a non-partisan Pensions Commission as soon as possible after the general election, argues the International Longevity Centre (ILC UK).

The record deficits recorded on the Pension Protection Fund (PPF) 7800 index last month are no cause for alarm according to the lifeboat fund's chief executive.