News

A record £18.5bn worth of liability hedging transactions were completed in the second quarter of 2012 according to research from F&C.

Ian Treece has joined Capita's employee benefits consultancy, having previously held the associate director role for the pension fund at Barclays.

Barclays has appointed Antony Jenkins, its former head of retail and business banking, as its new boss.

A third of infrastructure investors believe the government will fail to attract pension fund investment for ambitious projects such as an overhaul of British roads, a survey reveals.

Labour front benchers have urged the government to work with the opposition, business and trade unions to protect British interests from planned European regulation of the pensions and insurance industries.

Joanna Matthews has been appointed chairman of the Royal Mail Pension Trustees, replacing Jane Newell, who will step down in September after eight years in the role.

Majority back calls for the Pension Protection Fund levy formula to be adapted to limit next year's rise.

The code of conduct for incentivised transfer exercises published this summer will change the "shape and methodology" of some offers but will not end the practice, says JLT Pension Capital Strategies.

The industry has thrown its weight behind a voluntary code of conduct to address bad practice among third party administration providers.

Morrisons has announced Capita Hartshead will provide scheme administration and auto-enrolment processing for its cash balance scheme.