News

Investment in renewables is not subject to political wrangling over energy in the UK, chairman of the Green Investment Bank (GIB) Lord Smith has said.

The Aviva Staff Pension Scheme has secured the largest longevity swap written so far, in the first UK deal to dispense with a traditional intermediary.

Legal & General (L&G) has reported a jump in pre-tax profits and cash reserves and is eyeing further 'selective acquisitions' following its purchase of Cofunds last year.

Vebnet has announced an exclusive deal with UK Preventative Medicine in which employees will have access to a health assessment and behavioural coaching.

Tax relief is "the lowest hanging fruit in Whitehall" and politicians were prepared to slash current levels to save the Treasury millions of pounds, according to a think tank.

The "improper" allocation of trades in fixed income securities by two former employees cost Aviva Investors some £132m, it has announced.

The John Lewis Partnership defined benefit (DB) scheme's total accounting deficit hit £1bn in January 2014, its latest results show.

BDO is launching a five-pronged package to support its new mothers and help them return to work following maternity leave.

Chairman of the National Association of Pension Funds (NAPF) Ruston Smith has called for more index-linked gilts to be introduced to the market to meet pension scheme demand.

Blackrock chief executive officer (CEO) Larry Fink has said many schemes are not counting the cost of longevity which could have a detrimental impact on their liabilities.