News

London's local government pension schemes are poorly and inconsistently governed due to "fundamental flaws" that could threaten their sustainability, the Pensions Institute says.

Conflicts of interest are poorly managed by many asset management firms, according to "damning" research from the Financial Services Authority.

State Street Global Advisors has appointed Nigel Aston as managing director and head of UK defined contribution.

The industry will fail to increase member engagement unless pensions professionals understand the difference between disclosure and communication, says Society of Pension Consultants chairman Roger Mattingly.

Professional Pensions correspondent Jack Jones was awarded trade journalist of the year award at the Society of Pension Consultants' annual dinner on Wednesday night.

The AEA Technology pension scheme is expected to enter Pension Protection Fund assessment after its sponsoring employer was sold in a pre-pack administration.

UK master trust providers have launched a trade association in a bid to drive up governance standards and give the sector a "unified voice".

Trinity Mirror will stick to its reduced deficit funding schedule despite seeing its shortfall increase by a third over the last six months.

B&CE has appointed Christine Brightwell as director of regulatory governance and risk.

Aviva's group personal pension sales have risen by 15% over the last year through a more targeted approach for larger schemes.