News

Partnership won £12.5m of bulk annuity business over the first half of 2013, the enhanced annuity provider's results show.

Serco has paid £16.8m to eliminate the deficit of its Vertex pension fund, paving the way for it to be transferred into the company's main defined benefit (DB) scheme.

Volatility control benchmarking in defined contribution (DC) default funds could make guarantees more affordable, Redington suggests.

The chairman of Zurich insurance group has resigned days after the apparent suicide of chief financial officer Pierre Wauthier.

An upward move in long-term gilt yields in advanced economies including the UK is consistent with the Bank of England's (BoE) commitment to economic recovery and price stability, Mark Carney has said.

Baker Tilly has confirmed that an apparent missing employer contribution to RSM Tenon's defined contribution (DC) scheme was paid in July 2012.

The Pensions Administration Standards Association (PASA) has elected four new board members and retained three existing directors.

Guinness Peat Group (GPG) has agreed to double payments to its main scheme as The Pensions Regulator (TPR) continues to investigate whether to force the company to increase contributions.

A former part-time recorder has been awarded a service-based pension plus compensation by an employment tribunal.

Barclays Corporate and Employer Solutions has expanded its consultancy team with the appointment of Jonathan Parker to lead the development of its investment proposition.