News

Sainsbury's defined benefit (DB) scheme actuarial deficit has fallen by £635m over the three years between March 2009 and 2012, its interim results show.

M&G Investments countered a £900m net outflow in the first half of 2013 with a £4bn net inflow in the third quarter, its parent Prudential's results show.

The Association of British Insurers (ABI) has called on pension experts for their views on the UK's retirement needs.

Goldman Sachs Asset Management (GSAM) head of European institutional business Paul Craven is leaving the firm at the end of the year to promote behavioural economics across the industry.

Industry figures have called for regulatory intervention to solve the compensation gap for members within third-party life funds.

The Pensions Regulator (TPR) has used its powers to appoint Dalriada as trustee to 44 suspected pension liberation schemes since May 2011.

The Financial Reporting Council (FRC) has named Chris Hodge as executive director of strategy from 1 January 2014.

Pension PlayPen has launched a free comparison tool to rate and compare quotes from all the main pension providers.

The Bank of England has sharply revised its unemployment forecasts but emphasised this does not mean it is guaranteed to hike rates once the 7% threshold is reached.

A pensioner in the Airways Pension Scheme (APS) has won a default judgment against British Airways (BA) to cover losses after the scheme downgraded inflation protection.