News

The Prudential has won a contract to provide an additional voluntary contribution scheme to employees of Powys County Council.

A former member of the Monetary Policy Committee has claimed Bank of England governor Mervyn King was "unprepared" for the credit crisis and "controlled the bank with an iron fist."

The country's largest supermarket chains will become the first employers to auto-enrol their workforces this autumn.

Government plans to enforce GMP equalisation will bring about a fresh wave of defined benefit scheme closures and could imperil the overall health of the economy, the industry warns.

London council leaders have raised governance concerns over proposals to merge council pension funds and invest directly in London infrastructure projects.

A Canadian infrastructure vehicle is set to go head-to-head with the UK government-backed Pension Infrastructure Platform in competition for scheme infrastructure cash.

Quantitative easing has no proven effect on annuity rates, pensions minister Steve Webb claims.

London mayoral candidate Ken Livingstone has thrown his support behind plans to get pension funds to invest in London infrastructure projects, according to reports.

Tesco's pensions deficit has risen 40% in the past year to £1.87bn driven by lower than expected bond yields and asset returns.

Labour has put forward a series of amendments to the Financial Services Bill to strengthen stewardship practices in the UK.