News

Pension Insurance Corporation saw a surge in profits last year after writing £1.5bn in new business.

Construction firm Balfour Beatty has seen its combined deficit increase by 23% as it consults with members on closing schemes to future accrual.

February's continued boost in equities has seen FTSE350 scheme deficits decrease according to Mercer despite continued negative deficit reports coming from 2012 final year results.

John Lewis is conducting an extensive two-year review into its pension provision after revealing its final salary scheme deficit rose by almost 29% in 2012.

The National Association of Pension Funds and Wheels Common Investment Fund have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit schemes.

Standard Life's 2012 corporate pensions platform profits are up but increases in new business have fallen from 2011 levels, its final year results show.

MPs have demanded Ford compensates former employees who suffered pension losses after the collapse of Visteon and claim the manufacturer set up the spin-off firm to fail.

FTSE100 companies are more exposed to social and governance issues than firms in other parts of the world as a result of the index's global reach, according to research from Camradata.

High bond returns since 1980 were not normal and will not be replicated, according to London Business School professor Paul Marsh.

Aviva suffered a loss of £3bn in 2012 due to a £3.3bn writedown from the sale of its US business last year.