News

The Willis Group pension scheme has adopted PensionsFirst's PFaroe platform to manage risks in its £1.3bn scheme.

The amount employers are paying into schemes hit record levels last year as defined benefit deficits continued to warrant cash injections, research from Towers Watson shows.

As employers reach their staging dates they need to decide what kind of system they need to fulfil their auto-enrolment duties.

Fujitsu Limited has paid £800m to Fujitsu UK and Ireland in order to "substantially improve" the funding position of its defined benefit schemes.

The Investment Management Association has proposed a way fund managers should present a single, clear "pounds and pence" figure for all annual costs in their funds.

Although PP readers are thrilled by investment and longevity, even they would admit that sometimes, we all need the mindless escapism of an action-packed movie.

The Pensions Regulator has rebuffed complaints it has pushed responsibility for tackling pensions liberation solely onto trustees.

Pensions Buzz respondents were sceptical as to whether schemes could benefit from stepping into the role of lending directly to businesses.

The majority of contributors were satisfied that defined contribution investment strategies adequately reflected the differing risks associating with people of different ages. But a third of respondents said there was room for improvement.

Most contributors thought the failure of the Wheels test case would not have a big impact in schemes. The bid to secure tax relief on VAT paid on investment management charges was rejected by the European Courts of Justice earlier this month.