News

The Association of Corporate Trustees has appointed Eversheds partner Giles Orton as president.

The Pensions Policy Institute has rejected criticism of its methods used for calculating the effect of planned changes to public sector pensions.

Aon Hewitt has appointed Andrew Woolnough as client development director of its flexible benefits team.

Shoosmiths has appointed Paul Carney as partner in its Manchester pensions team.

Tate & Lyle has secured a £347m buy-in with Legal & General to cover 43% of its pensioner liabilities, in the biggest bulk annuity deal of the year.

TwentyFour Asset Management and Numis Securities are launching a listed bond fund to raise between £100m and £200m.

The Pension Protection Fund has confirmed the method trustees must use to calculate guaranteed minimum pensions for schemes transferring into the lifeboat fund.

The auto-enrolment earnings trigger could be pushed up to £9,440 following a surprise increase in the personal tax allowance in yesterday's Autumn Statement.

The Treasury has been accused of pursuing self-interest and seeking to raise billions of pounds in corporation tax by allowing schemes to smooth discount rates.

Trust law may no longer be "the best vehicle" to underpin pension schemes, an influential High Court judge claims.