News

The Scapa Group has completed a merger of its UK defined benefit (DB) schemes and put in place a 25-year asset-backed contribution structure ABC to fund the new scheme.

Trustees of the Greenhous Group scheme have secured a medically underwritten buy-in to cover £8.25m of pensioner liabilities.

BNP Paribas Securities Services has hired Sid Newby as head of pension fund sales in a move aimed at winning more asset owner business.

Some company employee benefit packages could be falling foul of the European gender directive, PMI Health Group is warning.

Employment minister Jo Swinson MP has urged employers to invest in the wellbeing of their workforce - noting that there was growing evidence for benefits to businesses and the wider economy when doing so.

The majority of women (59%) regret returning to work as early as they did after childbirth with many doing so purely for financial reasons, a survey reveals.

The Deputy Pensions Ombudsman (DPO) has ruled against the trustees of a defined contribution (DC) scheme that has not completed wind-up after seven years.

The Pensions Administration Standards Association (PASA) is negotiating lower risk insurance premiums with a number of insurers on behalf trustees.

Employers will pass on the cost of the abolition of short service refunds (SSRs) to employees, experts warn.

Large consultancies have experienced double-digit growth within their defined contribution (DC) teams in just two years.