News

Strathclyde Pension Fund has sold its 35% minority interest stake in the Junction Thurrock Unit Trust to Capital & Regional's Junction Fund.

Fund management and administration charges levelled on the Local Government Pension Scheme surged to a record high of £437m last year despite just a £124m increase in investment income, government statistics show.

The body responsible for funding UK universities has abdicated its role on the Universities Superannuation Scheme trustee board after nearly 40 years.

EU plans to harmonise the Institutions for Occupational Retirement Provision directive with Solvency II capital requirements could dent the government's infrastructure ambitions, a Treasury minister says.

Almost 100 bulk annuity and longevity swap deals worth more than £50m have taken place in the UK since 2007 as part of an international trend, Mercer research says.

The ASLEF union has called off two days of strike action as it approaches an agreement with East Midlands Trains over changes to the firm's scheme.

The Pensions Regulator will aim to prosecute companies that wilfully evade their auto-enrolment duties.

Almost one in five schemes say they have suffered from fraud in the past two years, representing a 55% rise compared to last year, according to research from Baker Tilly

The National Employment Savings Trust has taken its campaign to make saving popular to the streets of London and Manchester.

Business secretary Vince Cable has unveiled plans to give shareholders a binding vote on executive pay every three years.