News

The advisory board of the Local Government Pension Scheme (LGPS) has announced its 2015 strategy to tackle the scheme's estimated £47bn deficit.

The government has laid draft regulations before parliament to introduce a charge cap on defined contribution (DC) default funds alongside a raft of additional governance requirements for trustees.

The Financial Conduct Authority (FCA) has published the final rules on the Independent Governance Committees (IGCs) that must be set up by providers of contract-based schemes.

Currently only 4% of employers run health initiatives relating to cancer. But, as Jonathan Stapleton discovers, encouraging staff to make simple lifestyle changes can drive a significant reduction in cancer risks.

Jonathan Stapleton asks three leading employers about the changes they are making to DC investment strategies in light of the pension flexibilities and charge cap which will come into force in April.

Fewer than one in four schemes are confident their data is up to scratch for completing a risk transfer exercise, according to research from Aon Hewitt.

Morrisons is planning to shut its salary-linked pension schemes in a move that could save it up to £10m a year.

Kingfisher has selected a private cloud hosting service for the administration of its £2.8bn defined benefit (DB) pension scheme.

The government and regulators must define ‘good' retirement outcomes to help savers avoid fraud and poor results, the National Association of Pension Funds (NAPF) has urged.

John Lewis partnership has decided to switch its final salary pension scheme into a hybrid defined benefit (DB) and defined contribution (DC) scheme.