News

Financial repression fast becoming a reality; Royal Mail pension deal that will open door to privatisation

UK schemes have hedged longevity risk for 10% of pensioner members after conducting a record £12.4bn in risk transfer deals last year, according to Hymans Robertson research.

A group of influential investors has set out steps to create a stronger and more fully functioning market for stewardship services in the UK.

More than three-quarters of non-pension savers are ignorant of the contribution tax relief plays to building up benefits, a poll reveals.

Premier Foods has deferred £94m of scheme contributions until 2014, as part of a deal to refinance more than £1.2bn in debts.

"Incessant speculation" over changes to the tax treatment of pensions has significantly undermined public trust, The Society of Pension Consultants warns.

The Cabinet will contribute an additional 2.4% of their salary into the ministerial pension scheme from next month, amid hotly-disputed pension reform elsewhere in the public sector.

Trinity cuts pension payments to finance debt; Trinity Mirror pension schemes take a hit; Shades of Maxwell for members of the Mirror pension scheme; Regulator to examine Trinity Mirror pension move; Mirror's cut in pension payments under fire; Trinity...

The Pensions Regulator is to investigate Trinity Mirror after the publisher slashed payments to its scheme by £70m in a deal to pay off debts.

The date of sponsor insolvency should be used to calculate section 75 debt liabilities - saving sponsors millions of pounds in potential liabilities, the High Court rules.