News

The average annual pension contribution received by executives of FTSE100 companies has risen from £225,000 to £242,000 since 2011, according to research from LCP.

The three biggest bulk annuity insurers accounted for more than 90% of new business written in the six months to April according to research from Aon Hewitt.

Renold has merged its three defined benefit (DB) schemes and conducted a liability transfer exercise in a move to reduce its funding costs.

Around two thirds of pension fund managers believe that developing nations offer the biggest equity gains over the next 10 years, according to Barings.

The National Employment Savings Trust (NEST) has picked Legal & General Investment Management to run two real estate mandates.

The European Insurance and Occupational Pensions Authority (EIOPA) has confirmed the significant impact imposing a stringent solvency regime on European pension schemes would have.

Pensions minister Steve Webb is to use the Pensions Bill to change the structure of benefits given to people who delay taking the state pension.

More than a third of children born in 2013 are expected to live to the ripe age of 100, according to the Department for Work and Pensions (DWP).

This week respondents reject the idea of a tariff system for the industry, support claims employers are pairing back investment to fund schemes and say administrators should not charge extra to spot fraud.

Preparing for and regulating auto-enrolment (AE) has cost The Pensions Regulator £19.7m, its 2012-13 accounts reveal.