News

Taylor Wimpey has been given approval to merge its two principle defined benefit (DB) schemes and has set up a £100m partnership to plug their deficits.

Just 21% of Aon Hewitt pension conference delegates feel the current pension system is fit for purpose and are satisfied with defined contribution (DC) and defined benefit schemes (DB).

F&C Asset Management has reported pre-tax profits of £37.3m for the half year ending 30 June 2013 after implementing cost-cutting measures.

JLT Employee Benefits boosted its revenue in the UK and Ireland by 17% through its acquisition of Alexander Forbes Consultants & Actuaries (AFCA), its interim results show.

Reinsurers could run out of capacity to hedge UK schemes' longevity risk if they turn their attention to more lucrative US and Canadian markets, warns PwC.

Revisions to the accounting standard used for employee benefits have reduced BP's profits by more than $1.27bn (£830m) over the last 18 months, its interim results reveal.

The Local Government Association (LGA) Conservative and Labour groups have backed retention of councillor access to the Local Government Pension Scheme (LGPS).

Kingfisher group has voiced concerns at some of the charges being quoted by pension providers for auto-enrolment schemes.

Aviva Investors has appointed Abigail Herron to the newly-created position of head of engagement within its global responsible investment team.

The National Association of Pension Funds (NAPF) has launched a search for at-retirement providers to help develop a range of services for defined contribution (DC) savers.