News

Legal and General Trustees has (LGT) changed the rules of its master trust to accept members from closing occupational schemes to boost the scale of the vehicle.

Timing the introduction of governance changes in the Local Government Pension Scheme (LGPS) will be key to their success, respondents to a Department for Communities and Local Government (DCLG) consultation have warned.

B&CE has announced Babloo Ramamurthy will become chairman from November as Sir John Chilcot steps down after 14 years of service.

Increases in the state pension age (SPA) will widen the retirement income "postcode divide", according to the TUC.

The Pensions Regulator (TPR) has released a new module on its trustee toolkit on defined benefit (DB) scheme closures where the employer is insolvent.

Legal and General Investment Management (LGIM) has appointed Justin Onuekwusi as fund manager to lead the management of its multi-index range launched earlier this month.

Partnership won £12.5m of bulk annuity business over the first half of 2013, the enhanced annuity provider's results show.

Serco has paid £16.8m to eliminate the deficit of its Vertex pension fund, paving the way for it to be transferred into the company's main defined benefit (DB) scheme.

Volatility control benchmarking in defined contribution (DC) default funds could make guarantees more affordable, Redington suggests.

The chairman of Zurich insurance group has resigned days after the apparent suicide of chief financial officer Pierre Wauthier.