News

The National Association of Pension Funds and the Confederation of British Industry are "very much hoping" George Osborne will announce a consultation on discount rates in the Autumn Statement tomorrow.

Pensions minister Steve Webb has strongly hinted there will be action on tax relief in the Autumn Statement tomorrow.

The third annual Kim Gubler Consulting Actuarial Fee Survey has shown larger schemes are benefiting significantly from economies of scale.

Removal firm Pickfords has shifted its defined benefit scheme off its balance sheet via a management buyout following a prepack administration which took place at the end of November.

Aegon has announced the creation of two managing director roles aimed at driving growth in its retail and workplace savings markets.

The Pensions Ombudsman has ruled against a firm which alleged that a scheme member who was a director of a company and a trustee of its scheme failed to manage conflicting interests.

Investment advisers need to do more to support pension fund engagement on stewardship matters, the National Association of Pension Funds says.

RSA and Heineken have signed up to use PensionsFirst's PFaroe platform to help manage their defined benefit pension risk.

Greene King is to close its three defined benefit schemes to future accrual after a consultation with active members, its half yearly report announces.

Broadstone has bought the corporate pensions business of UBS Wealth Management for an undisclosed sum.