News

Smiths Group saw its deficit more than double from £199m to £459m over the six months to January, driven by a 50 basis point drop in its discount rate.

The Pensions Regulator has updated its e-learning programme in order to make it easier for trustees to meet knowledge and understanding rules.

Friends Life has launched a customer panel made up of 500 members of its corporate pension schemes in a bid to further improve its service.

Trustees risk seeing their Pension Protection Fund levy rise by "millions" if they do not focus on the type of guarantee given by scheme sponsors, Mercer warns.

Pension funds are uninterested in the chancellor's rumoured 100-year gilt issue and have called for other maturities instead.

The pensions industry has welcomed the Department of Business, Innovation and Skills' (BIS) proposals to tackle excessive pay through increased shareholder influence.

Liquidity constraints and policy risks in overseas farmland investments are hampering more allocations to the asset class, delegates heard.

Tesco is consulting with staff on increasing the retirement age of its career average defined benefit (DB) scheme from 65 to 67.

Big British funds cut UK stocks ownership; Whyte link to pension fund's £3m Rangers loan; QE has also benefited pension funds; Regulations should be NAPF's target

The Office for National Statistics has updated the basket of goods used to calculate CPI inflation - which sets increases to the state pension - to include iPads and teen fiction.