News

The government could see thousands of public and civil servants walkout in protest to cuts in pay, pensions and jobs following a yes vote to strike from the Public and Commercial Services Union.

JLT Group has posted total pre-tax profits of £161.7m for the year to 31 December 2012, up by 10% on 2011's figure.

The Rail, Maritime and Transport union has launched a campaign against construction firm Balfour Beatty after it proposed to close its defined benefit scheme to future accrual.

Granting employers the authority to change schemes to mitigate the cost of ending contracting out will be a "very careful balancing act", the National Association of Pension Funds says.

John Taylor, former intermediaries marketing director at Scottish Widows, joined the National Employment Savings Trust today.

The Pensions Management Institute is looking to create partnerships with other industry bodies in a bid to boost take-up of its auto-enrolment qualification.

Investors "will not tolerate" unjustified executive rewards, the National Association of Pension Funds has warned.

The Superannuation Arrangements of the University of London defined benefit scheme has awarded an £80m risk parity mandate to First Quadrant.

Insurance giant Aviva is likely to shock the City when it posts a £3bn loss in its full-year results this week, the Sunday Times reports.

The Institute of Cancer Research Pension Scheme has swapped its gilt portfolio for a £30m buy-in with Pensions Insurance Corporation as part of its investment strategy.