News

Ibstock Pension Scheme must pay the additional £140,000 Pension Protection Fund (PPF) levy it received after submitting erroneous data in 2011, says the PPF Ombudsman.

Now Pensions will work with payroll provider ADP to deliver an integrated auto-enrolment (AE) service, the master trust has announced.

Twice as many British households are deemed financially vulnerable as financially secure, while more than half of households have experienced financial difficulties in the last twelve months, a global survey has found.

Employers should play a greater role in educating workers about financial risks and facilitating access to protection products, according to thinktank Demos.

Aries Insight has launched an online version of its database of pensions legislation.

The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.

A ‘managed closure' of UK Coal following a £10m loan deal with the government will create ‘no further liabilities' for the Pension Protection Fund.

Schemes reduced their outright nominal and real rate hedging in the fourth quarter of 2013, according to F&C Investments.

Small schemes cost almost four times as much to run as big schemes and almost six times more than the largest funds, according to research from The Pensions Regulator (TPR).

Friends Life is changing its charging structures to reflect a proposed ban on active member discounts (AMD).