News

The Financial Reporting Council (FRC) has called for better 'comply or explain' disclosure from signatories of the UK Corporate Governance Code.

Pensions minister Steve Webb responds to an open letter from Linklaters partner Tim Cox on the money purchase consultation.

Nortel Networks has agreed to pay the trustee of its UK pension scheme $37.5m (£22.9m) to settle claims against its US firms.

BAE systems has entered into longevity swaps with Legal & General (L&G) covering £1.7bn of liabilities in two of its schemes.

Long term gilt yields remained largely unchanged following the US Federal Reserve's announcement that it would begin reducing its asset purchasing programme from January.

The Financial Conduct Authority (FCA) has fined insurance broker JLT Specialty £1.8m for an "unacceptable" approach to bribery & corruption risks from overseas payments.

The Regulatory Policy Committee (RPC) has condemned the Department for Work and Pensions' (DWP) consultation on a pension scheme charge cap as ‘not fit for purpose'.

BAE Systems has selected PwC's online analysis platform, Skyval, to monitor and manage its obligations across the company's seven UK schemes.

A judge has ruled The Pensions Regulator (TPR) may issue multiple contribution notices to Lehman Brothers companies that exceed the value of its scheme's section 75 (s75) debt.

The proportion of schemes that retender for investment consultancy fell to 4.3% in the first half of 2013, IC Select says.