News

The Financial Reporting Council (FRC) has launched a formal investigation into Mazars over the advice it gave to the First Quench Pension Fund.

The Pension Protection Fund's (PPF) former head of restructuring and insolvency Richard Favier has joined the investment company Better Capital as a consultant.

Consumer packaging firm Rexam has seen its UK defined benefit (DB) pension scheme move from deficit to surplus in the first half of the year, its interim results show.

Jelf Employee Benefits is extending its annuity offering with the launch of its standalone broking service.

Just 2% place starting a pension as their top financial priority over the next 12 months, research from Capita Employee Benefits (CEB) shows.

What is the industry thinking this week?

Lloyds Banking Group (LBG) has seen its defined benefit (DB) schemes move to surplus after substantial asset gains in the first half on 2013, its interim results show.

A High Court judge has ruled in favour of an underfunded scheme whose insolvent sponsor hoped to offset £2m in payments against its outstanding debt.

The Bank of England (BoE) has held interest rates for the 53rd consecutive month and opted not to increase the size of its £375bn quantiative easing (QE) programme.

The Pensions Regulator (TPR) has appointed Stephen Soper to replace Bill Galvin as chief executive on an interim basis.