News

The Association of Consulting Actuaries (ACA) has backed the government's plans to give defined contribution (DC) savers more flexibility and urged it not to ban transfers from defined benefit (DB) schemes.

Members of the Visteon pension fund have accepted a £28m settlement with former employer Ford over losses suffered when the scheme entered the Pension Protection Fund (PPF).

Providers should be forced to deliver the guidance guarantee if they are to do the right thing by their customers says Fidelity's head of retirement insight Alan Higham.

A FTSE100 firm has become the first company to use a surety bond as part of its scheme funding strategy after securing a £400m transaction, says Aon Hewitt.

Pension deficits have increased for the third consecutive month, according to data published by Mercer.

Physiotherapists are warning employers that they are risking the health of their business if they don't encourage better working habits and promote physical wellbeing among staff.

Nearly half (43%) of employers are looking more favourably on defined contribution (DC) plans, according to Towers Watson's post-Budget DC Pension Strategy survey.

The Financial Conduct Authority (FCA) is to revise the terms for its market study into retirement income, following changes to the pension landscape announced in the Budget.

The Total UK Pension Plan has insured £1.6bn of pensioner liabilities with Pension Insurance Corporation (PIC) in the second largest UK bulk annuity transaction to date.

Deficits in FTSE350 pension schemes are at the lowest levels compared to the financial strength of their sponsors since before the last recession, according to PwC.