News

Legal and General (L&G) and online video library Akademia are the first organisations to receive accreditation from the Pensions Management Institute (PMI) for their training and development programmes.

Shareholders in Royal Bank of Scotland (RBS) who are suing the bank over a £12bn rights issue made months before its near-collapse will have their first day in court tomorrow.

Members of defined contribution (DC) schemes are being hit by a "double whammy" as equity returns and employer contributions stagnate, research finds.

Deleveraging by banks and governments around the world has created an "unprecedented" investment opportunity for UK schemes, according to research from UBS Global Asset Management.

Tens of thousands of fraud cases have cost the NHS pension scheme £30m over the decade, according to reports.

National Employment Savings Trust (NEST) has revealed 99% of its current members are using its default retirement date fund.

The trustees of the Cooper-Avon Tyres pension plan have appointed SEI as its fiduciary manager to delegate the day-to-day management of its scheme.

Aberdeen Asset Management is hit by last month's market sell-off as assets under management (AUM) fall by 1% from March to June.

The Bank of England (BoE) has named Sir John Cunliffe, currently the UK Permanent Representative to the European Union, as deputy governor for financial stability, replacing Paul Tucker.

The Archbishop of Canterbury has fuelled the debate on ethical investment by pension schemes after it was revealed the Church of England scheme invests indirectly in a payday lender.