News

The Confederation of British Industry has called on the government to allow employers time to adapt to pension reform before introducing any more new measures.

Buck Consultants is consulting with its UK employees on closing its defined benefit final salary offering by the end of 2014, PP has learnt.

Contractually enrolling staff into a scheme does not relieve employers of their statutory auto-enrolment duties, consultants have warned.

Two groups representing London councils have published reports with contradictory conclusions on the viability of a local government pension scheme (LGPS) merger.

Human rights organisation Liberty has launched a campaign calling on people to lobby their MPs to equalise pension rights for same-sex married couples.

Pensions minister Steve Webb has described consultancy charging as "a classic example of how the industry allowed itself to get bad headlines."

Legal and General (L&G) will introduce a "trustee-style" governance committee for its contract provision, the company has announced.

Guinness Peat Group has seen its schemes' deficits increase over the first quarter as an investigation by The Pensions Regulator into its scheme responsibilities continues.

Compass Group has seen its defined benefit scheme deficit fall by more than £50m after making a one-off contribution of £72m in March.

The Global Marine Systems (GMS) pension scheme has appointed Aon Hewitt to act as fiduciary manager.