News

The European Insurance and Occupational Pensions Authority has warned of a "worrying decrease" in the funding provisions within defined benefit schemes in the UK.

Half of FTSE350 firms fail to comply with the UK corporate governance code, but more companies actively seek engagement with investors on governance issues than last year, Grant Thornton says.

The trustee of the £1.8bn Rexam Pension Plan has appointed Towers Watson's Colin Singer as scheme actuary.

Ladbrokes has selected Legal and General to provide its auto-enrolment scheme.

Pension Corporation has reinsured a further £400m tranche of longevity risk associated with its policy holders with Munich Re.

Legg Mason has acquired fund of hedge funds manager Fauchier Partners from BNP Paribas Investment Partners.

Risk-sharing schemes are more suitable for MPs than for other public sector employees, says the Association of Consulting Actuaries.

The exclusion of the new Fair Deal policy from the Public Sector Pensions Bill risks reopening pension disputes with public sector workers, Labour MPs warn.

Royal London has named Rupert Pennant-Rea as successor to its current chairman Tim Melville-Ross, with effect from May 2013.

Two senior figures at The Pensions Regulator are set to depart, with interim head of defined contribution Mike Lazenby to leave his role after only six months.