News

Scrapping defined benefit (DB) indexation will be controversial but collective defined contribution (DC) plans outlined in the government's defined ambition (DA) paper could prove popular, the industry says.

MetLife as added former Aviva group risk senior account manager Nick Pemberton to its employee benefits arm in a bid to increase its international business.

Strong asset returns particularly from its bonds and cash allocation sees Dairy Credit reduce its deficit by £38m, its interim results show.

The Department for Work and Pensions (DWP) has published its long-awaited defined ambition (DA) paper, setting out three proposals for new structures for schemes.

The Pensions Regulator's (TPR) guidance on double counting in multi-employer defined benefit (DB) schemes is misguided, widely cast and could force employers to cut deficit payments, according to lawyers.

Over two-fifths of schemes never review the performance of their trustees, a Premier survey has found.

Sponsoring employers have been urged to apply pressure on trustees to make sure the full flexibility allowed in actuarial valuation assumptions is used, advisers say.

Are you a scheme trustee? Do you manage a pension fund? If so, would you be willing to help judge the UK Pensions Awards 2014?

John Lewis Partnership's head of pensions Dinesh Visavadia has departed the company following its decision to separate support for the partnership and the trustees in managing its pension scheme.

Lloyds Banking Group (LBG) is consulting with scheme members on removing pensionable pay increases for active members of its defined benefit (DB) schemes.