News

More than half of retirees could be at risk of making poor decisions with their defined contribution (DC) savings by 2024, warns the Pensions Policy Institute.

Nigel Stapleton has been appointed as chairman of the National Grid's UK pension scheme with effect from 1 November 2014.

The TRW Pension Scheme has secured a £2.5bn pensioner buyout with Legal & General (L&G) after a year-long liability management project involving pension increase exchange (PIE) and enhanced transfer value (ETV) exercises.

The Financial Conduct Authority (FCA) plans to cut the adviser guidance guarantee levy by 50% and announces tougher rules on bodies delivering guidance.

Mercer has appointed Ben Gunnee to UK head of fiduciary management to help grow the business.

Employees at Bernard Matthews Farms will have access to a salary sacrifice car scheme using low emission vehicles aimed at maximising savings.

The current pensions tax system is "entirely incompatible" with scheme designs that could be introduced under the Pensions Schemes Bill, Association of Consulting Actuaries (ACA) chairman David Fairs has warned.

Public Health England (PHE) has commissioned a toolkit to help businesses tackle domestic violence and raise awareness of the "hidden issue" in workplaces.

Schemes sponsors could receive a £2bn tax windfall following a change in HM Revenue and Customs' (HMRC) policy on VAT recovery in response to two European Court cases.

The Daily Mail and General Trust (DMGT) has agreed a recovery plan with trustees of its defined benefit (DB) schemes that will see it contribute £350m over 12 years.