News

The Pension Protection Fund (PPF) has published its 2014/15 levy determination, confirming its initial estimate that schemes will pay a total of £695m in levies.

Russell Investments has appointed Mirko Cardinale to the newly-created position of head of asset allocation for Europe, the Middle East and Asia (EMEA).

Dyfed Pension Fund has appointed Threadneedle as manager for its £150m global equity mandate.

More than a quarter (27%) of savers aged 60 to 65 have no idea of the current value of their pension pots, according to research from LV=.

Broadstone Corporate Benefits has acquired Blythwood Group subject to Financial Conduct Authority (FCA) approval.

Lord Myners has been appointed to chair the governance review into the Co-operative Group and how its board is constituted and chaired.

The Local Government Pension Scheme (LGPS) shadow national advisory board will meet to discuss the future structure of the scheme next week, Councillor Kieran Quinn says.

The Pension Protection Fund (PPF) and a private sector fund have enquired about joining the National Local Government Pension Scheme (LGPS) Frameworks, Norfolk Pension Fund head Nicola Mark says.

The Department for Work and Pensions' (DWP) defined contribution (DC) charge cap model could differ from the three options included in its consultation, pensions minister Steve Webb says.

Allowing defined contribution (DC) members to buy pensions in defined benefit (DB) sections can significantly drive up liabilities, HSBC Bank Pension Trust chief executive Lesley Alexander warns.