News

Cookson Group (now Vesuvius) has hired Premier as third party administrator for its £500m defined benefit scheme.

The deadline to put names forward for the Pension Scheme of the Year Awards 2013 has been extended to Friday 29 March.

M&G's net inflows have reached record levels for the firm due to a single multi-billion mandate and a boost in fixed income performance, its full year results show.

The Pension Protection Fund has hired Barry Kenneth as its chief investment officer after it announced it may bring investment in-house from 2015.

Punter Southall is joining PensionChair as an actuarial and administration technical partner.

The Chamber of Shipping Retirement Benefits Plan has completed its second buy-in this year, paving the way for a full buyout of the scheme.

Prudential's 2012 corporate pension sales have remained at a fifth lower than 2011's level as the business remains focused on increasing revenue from existing clients instead of acquiring new business, its final results show.

NOW Pensions chief executive Morten Nilsson admits the provider's signature single fund offering cost the firm clients last year but stresses it will remain central to the business.

Aviva has scrapped plans to add a group ISA and group SIPP to its employee benefits platform, Work:Life.

Three pension funds have teamed up to launch a project to measure the relationship between governance structures of UK schemes and the costs of maintaining them.