News

The majority of financial directors and senior leaders say scheme deficits are hampering their business investments, research shows.

Booker Tate has agreed a buyout of its £20m UK defined benefit scheme with Pension Corporation.

The Office for National Statistics is to launch an additional measure of consumer prices inflation which includes housing costs.

BT has seen its pension deficit rise by 63% in just six months as a result of a reduction in the discount rate used for its IAS19 valuation.

Legal and General's workplace pension sales have risen 189% this year due to the introduction of auto-enrolment for major retailers.

The Financial Services Authority (FSA) is to press ahead with its proposed reductions in pension projection rates, despite opposition from providers.

Institutional investors and campaign groups have failed in their efforts to block James Murdoch's re-election to the board of BSkyB.

The deficit across private sector pension schemes has climbed by £20bn since October 2011, JLT Pension Capital Strategies research reveals.

JLT Benefit Solutions is to take over the running of Aegon's £710m portfolio of defined benefit schemes as the firm continues its rapid expansion.

Former Visteon workers will attempt to extend a legal challenge against Ford Motor Company to cover 1,400 claimants who blame the company for the loss of their pensions.