News

Aon Hewitt is to merge its benefits administration and HR business process outsourcing (HRBPO) units in the UK, leading to around 45 redundancies.

Around 50 pensioners have filed cases with the small claims court against British Airways (BA) over changes to the Airways Pension Scheme's (APS) inflation protection.

Just Retirement has completed its first £3.2m individually underwritten buy-in of pensions in payment with a firm in the legal sector.

The top 10 highlights from the latest edition of the Purple Book

UK schemes have reduced allocations to equities and increased holdings of bonds, cash and hedge funds, according to the latest edition of the Purple Book.

Pension savers in defined contribution (DC) schemes could see their pots increase by a third if the government moved to introduce collective DC schemes, according to a report.

The Department for Business, Innovation and Skills (BIS) is working with the Financial Conduct Authority (FCA) to end quarterly reporting requirements.

Legal and General (L&G) workplace savings managing director Tony Filbin is due to retire and concentrate on his independent roles and governance, a spokesman has confirmed.

Insurance companies in the FTSE100 have some of the best defined benefit (DB) scheme funding levels as a result of Solvency II, research from JLT Employee Benefits (JLTEB) shows.

Founder and former chief executive of The Pensions Regulator (TPR) Tony Hobman has been appointed as a senior adviser at Lincoln International Pensions Advisory.