News

The trustees of the Merchant Navy Officers Pension Fund (MNOPF) have appointed Bob Hymas as chief financial officer (CFO).

Grass Roots has introduced a salary sacrifice car scheme to its 700 employees in the UK.

Staging for auto-enrolment (AE) will reach its highest level in the final quarter of 2016 with as many as 215,000 employers due to enrol their staff into a pension scheme, according to The Pensions Regulator (TPR).

Sir Win Bischoff will succeed Baroness Sarah Hogg as chairman of the Financial Reporting Council (FRC) on 1 May following her decision to step down last year.

Aviva's chief financial officer (CFO) Pat Regan will exit the group in June after fours years to take up a similar role in Sydney-based insurance firm QBE.

The Association of Investment Companies (AIC) has welcomed Simon Crinage and Harry Morgan to its board following the departure of two veteran members.

Planned reforms for defined contribution (DC) charges, governance and transparency will not take effect before April 2015, pensions minister Steve Webb has confirmed.

The Local Government Pension Scheme's (LGPS) structural reform must be consistent with other changes and adhere to a realistic timetable, the LGPS national advisory board warns.

Retirees with small pots should be allowed to draw down savings as fixed-term pensions to enable them to defer taking a state pension, says the Association of Consulting Actuaries (ACA).

The later scheme members retire, the longer they are likely to live according to research carried out by Club Vita.