News

Aegon has announced an increase in fund charges on some of the insured funds on its savings platform Aegon Retirement Choices (ARC).

Friends Life has named Greg Horsnell as group internal audit director following his departure from Old Mutual where he was audit director for long-term savings.

Long-term gilt yields are unlikely to rise above 4% for many years taking into account past performance, economics and supply and demand, according to Barnett Waddingham partner Matt Tickle.

This week respondents backed calls for The Pensions Regulator (TPR) to run a register of charges and for Local Government Pension Schemes (LGPS) to be merged, but said there is no role for paternalism in auto-enrolment (AE).

Small employers and those who have not previously offered pensions are unlikely to adopt the Department for Work and Pensions' (DWP) defined ambition (DA) ideas, Steve Webb says.

Wincanton is closing its defined benefit (DB) schemes to existing members, 11 years after shutting its doors to new members.

The Schindler Group scheme has agreed a £50m buy-in with Legal & General (L&G) to cover the liabilities relating to its current pensioner members.

Employers support many of the principles set out in today's defined ambition (DA) consultation, according to research from the Association of Consulting Actuaries (ACA).

The Tate & Lyle Amylum UK Pension Scheme has agreed an £82m buy-in to cover all liabilities relating its pensioner and deferred members.

Trusteeship in the UK is much more structured and rigorously regulated than in the US but takes longer to get to grips with, according to Prudential Fixed Income head of liability-driven investment (LDI) Gary Knapp.