News

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.

The council of the Institute and Faculty of Actuaries has selected Dr David Hare as its president-elect, effective from 25 June.

Time to reward elderly, say MPs; Unions reveal more strikes over pensions; Tube maintenance workers back strike

NHS workers who are members of Unite and civil servants represented by the Public and Commercial Services union will stage a 24 hour walk-out over plans to reform their pension schemes.