News

British Midland Airways' pension scheme is poised to entered into Pension Protection Fund assessment after the parent company Lufthansa agreed to sell the struggling airline to International Airlines Group.

BlackRock managing director and head of client strategy in EMEA Tarik Ben-Saud is set to leave the asset manager to work on reconstruction efforts in the Middle East, PP understands.

Institutional investors have urged EU finance ministers to revise the emission trading scheme to combat the "exceptionally low" price of carbon.

LCP has appointed Metlife director of business development Emma Watkins as principal in its pension buy-out practice.

Aviva Investors chief executive Alain Dromer is set to leave the company under new plans to streamline the business.

Actuarial firms are in danger of being swept up in a government attempt to clean up the lobbying industry, the Association of Consulting Actuaries warns.

Labour will vote in the House of Commons against the government's planned freeze of age-related tax allowances.

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.