News

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.

The government should focus on improving defined contribution (DC) provision in developing the defined ambition agenda, according to the TUC.

The Finning Pension Scheme and the Finning Defined Contribution Pension Scheme have appointed Wragge and Co to provide legal advice.

Allianz is warning employers to be aware of the increasing risks of fraudulent international medical claims from their own staff and the imaginative approaches they are taking.

Minute gains in the FTSE has seen private sector defined benefit deficits increase for the second month in a row, adding £20bn, research from the Pension Protection Fund (PPF) shows.

Redington has appointed Philip Rose as chief investment officer for strategy and risk and announced two further senior promotions.