News

The local government pension schemes (LGPS) for Greater Manchester and London are already eyeing up infrastructure opportunities for their £500m joint venture.

The baby boom generation looks set to sleep walk into retirement as 40% have yet to begin saving into a pension, research shows.

This week Pensions Buzz wants the industry's views on fresh rules from the FCA introduced to protect consumers ahead of April, as well as reaction to TPR's finding that the majority of employers have not read its DB funding code of practice.

Members of the University and College Union (UCU) have voted to put proposals for revised pensions benefits to trustees of the Universities Superannuation Scheme (USS).

Gross domestic product (GDP) increased 2.6% last year, with agriculture and services driving the economic expansion, preliminary figures show.

Figures from Now Pensions reveal that out of the 4,279 companies which signed up with it in 2014, nearly one in five (17%) completed their application either close to their staging date or after the deadline had passed.

Ramsay Health Care is launching a salary sacrifice car scheme for 3,000 eligible UK employees.

The Work and Pensions Committee has launched an inquiry into automatic enrolment (AE) for small and micro employers.

The Financial Conduct Authority (FCA) has told pension providers they must question savers about their "health and lifestyle choices or marital status" before allowing a pot to be cashed in.

Decision makers in the local government pension scheme (LGPS) will likely face more onerous knowledge and understanding requirements in the near future, warn consultants.