Charges on a government-backed pooled UK infrastructure vehicle owned and run by UK pension funds will be capped at 0.5%, the Treasury infrastructure policy chief confirms.
Rolls Royce Holdings has more than halved its post-retirement deficit to £397m and continued its concerted programme of de-risking.
Pensioners count the cost of Bank moves to stimulate economy; Ford moves pension fund assets to bonds to limit risks
The government has redrafted legislation on asset-backed funding published two months ago - potentially jeopardising transactions in progress, a consultant says.
The Royal Bank of Scotland has confirmed a £3.5bn shortfall in its pension scheme after recording actuarial losses of £581m this year.
Towers Watson has appointed Nico Aspinall to lead its UK defined contribution investment business.
More than a third of defined benefit schemes have recovery plans that exceed the ten-year limit set out in guidance from the regulator, research finds.
The Church of England has warned the future of its defined benefit scheme hangs in the balance over the coming years.
UK schemes will need to share the cost of risk modelling if Solvency II-type regulations are applied to the pensions industry, experts argue.
Asset managers are set to shake-up the annuity market after weeks of dire predictions about the value of annuities for savers.