News

Insurers have started to turn down employers who want to expand existing schemes for auto-enrolment, PP has learned.

A surge in corporate restructuring caused by the recession has put employer covenants at risk, Punter Southall Transaction Services warns.

The Greater Manchester Pension Fund is considering teaming up with Manchester City Council to build nearly 250 new homes in the city.

The National Association of Pension Funds has launched a public consultation on the scope of its "pounds and pence" charging code of conduct, proposing adherents produce a two-page disclosure document for members.

Shadow pensions minister Gregg McClymont has reiterated his call to remove the restrictions on the National Employment Savings Trust so it can compete more effectively with its rivals.

Schemes' awareness of in-coming record keeping requirements has increased from 74% to 88% over the past year, The Pensions Regulator says.

More than one in five small trust-based defined benefit schemes do not hold annual board meetings, according to research from The Pensions Regulator.

The European Commission will move to give shareholders a binding vote on pay, according to Commissioner Michel Barnier.

The Bayer Group Pension Plan has moved to paperless trustee board meetings in a switch it says will cut its annual paper usage by 45,000 pages.

The Rail Maritime and Train union will ballot its members for industrial action over the continuing dispute concerning the East Midlands Trains section of the Railways Pension Scheme.