News

As the Chancellor prepares to layout his 2013 Budget this afternoon, PP has rounded up the policy changes topping the industry's wishlist.

Punter Southall Health & Protection has bought employee benefits firm Enrich Reward for an undisclosed sum.

Mercer has merged its defined contribution and workplace savings offering into a new DC group, which is to be led by Brian Henderson.

The Financial Reporting Council has been appointed a member organisation of the Accounting Standards Advisory Forum.

The Office for National Statistics' decision to downgrade the status of the retail prices index and publish two additional inflation measures could lead to the index being dropped, warn consultants.

The average FRS17 funding level of university schemes has fallen from 81% to 77% in the year to 31 July 2012, Barnett Waddingham research says.

Liability assumptions have wiped out higher than expected asset returns and a de-risking exercise for the Johnston Press Pension Plan, its final year accounts show.

Steve Webb has confirmed the government will bring forward the start date for the single-tier state pension to 2016, with a £5.5bn windfall for the Treasury from the early abolition of contracting out.

The vast majority of schemes now have a clear long-term objective, but unfortunately for most that destination is getting further away, says Aon Hewitt.

Royal London has agreed to buy the Co-operative Banking Group's life insurance and asset management businesses in a deal worth up to £219m.