News

The shortlist for the Art of Pensions 2013 has been published.

Engineering firm Babcock International Group has seen a six-month £212m spike in its defined benefit (DB) deficit despite using a higher discount rate, its half year report shows.

Sponsors of defined benefit (DB) pension schemes will be called on for additional funding of £250bn over the next decade if current market conditions continue, a report warned today.

Government proposals will leave firefighters retiring before aged 60 due to fitness on just over £9,000 a year, the Fire Bridges Union (FBU) claims.

The consumer (CPI) and retail prices index (RPI) measures of inflation have hit their lowest levels since September 2012, according to the Office for National Statistics (ONS).

Friends Life added £6m of new corporate benefits business between July and September and says in its interim results that it aims to add £6m more in Q4.

The Tax Incentivised Savings Association (TISA) Exchange (Tex) has launched a contract club of transfer providers to cut pension transfer times to no longer than six working days.

Shares in Just Retirement have been priced at 225p each ahead of its initial public offering (IPO), based on a market capitalisation of £1.1bn.

Natwest Global Employee Banking has launched a fee free account for employees relocating to the UK for business purposes.

Barclays Corporate & Employer Solutions (C&ES) has unveiled its DC platform investment solution and launched a defined contribution (DC) consultancy practice.