News

The Department for Work and Pensions (DWP) says its collection of pension reforms will be enough to provide an adequate retirement for majority of those currently at working age.

John Lewis Partnership has seen an £87m increase in its defined benefit (DB) scheme deficit despite pumping in more than £50m, its interim results show.

The Financial Conduct Authority (FCA) is considering a review into competition in the institutional asset management market.

Zurich has appointed a new leadership team for its board following last month's resignation of Josef Ackermann over the death of the company's chief financial officer Pierre Wauthier.

The return for institutional investors from Vodafone's sale of its stake in Verizon Wireless will be diluted and could even put pension schemes at risk, experts warn.

Trustees who continue to pay bridging pensions beyond age 65 to reflect the rise in state pension age (SPA) could be in breach of trust, according to PTL managing director Richard Butcher.

A cross-border personal pension product would help European workers save more and channel money into proposed European Long-Term Investment Funds (ELTIFs) say fund managers.

The Pensions Advisory Service (TPAS) has appointed Michelle Cracknell as its chief executive.

Schemes with good defined contribution (DC) defaults focus on value, reduce volatility and make funds easily adaptable, the National Association of Pension Funds (NAPF) says.

The UK Debt Management Office (DMO) will launch a 55-year index linked gilt in the coming weeks but says issuing any bonds of longer duration remains difficult due to lack of demand.