News

Local authority pension funds should pool together and invest in housing and associated infrastructure, a report has said.

Debenhams will contribute £8.9m per year until 2022 in order to return its two funds to a fully funded position.

FairPensions is urging pension schemes to vote against James Murdoch's re-election to the BSkyB board next week.

Middlesbrough Council has appointed BNP Paribas to act as custodian for the £2.5bn Teesside Pension Fund.

The Pensions Regulator will provide leeway for schemes that accidentally break compliance, says the regulator's executive director Charles Counsell.

The regulator is encouraging trustees and administers to use a £2 per week ‘tolerance level' to determine the right level of GMP.

The European Commission has not made the case for overhauling the European pensions directive and is avoiding the question of how this will affect the continent's economy, argues the National Association of Pension Funds.

Zurich is the latest provider to announce plans to enter the master trust market for auto-enrolment.

The Department for Work and Pensions is set to re-launch combined pension statements on 5 November after being suspended due to technical updates.

The typical member of a large defined contribution scheme will amass a retirement pot 28% bigger than a saver in a small scheme making the same contributions, the NAPF says.