News

The UK economy grew by 0.7% in the second quarter of 2013, a higher than previously estimated figure, according to latest figures from the Office for National Statistics (ONS).

John Lewis has seen its pension liabilities increase by £7m after uncovering mistakes in the way it had calculated holiday pay.

RSM Tenon group has appointed administrators and has suspended its shares following an announcement this morning that a takeover deal by Baker Tilly has fallen through.

Engineering firm Costain's defined benefit (DB) scheme deficit has reduced following risk reduction exercises and in spite of 2012's plummeting discount rates, its interim results show.

Automotive retailer Lookers has merged the outsourced services it buys in for its defined benefit (DB) schemes, appointing Aon Hewitt in place of four other firms.

Edward Bramson is to stand down from his role as chairman of F&C Asset Management, to be replaced by Keiran Poynter.

Most of the 20 million workers paying into the State Second Pension (S2P) will be worse off under the single tier pension, says the Trades Union Congress (TUC).

The Association of British Insurers has launched the Annuity Window to help retiring pension investors get the best deal from their retirement income.

W&G Investments, the company backed by several industry investment houses, has been listed as it looks to bid for 315 Royal Bank of Scotland (RBS) branches.

MyCSP has made appointments to two newly-created positions; head of operations and head of scheme compliance and project change.