News

Schemes heavily invested in equities faced a torrid May as Eurozone uncertainty created havoc in the stock markets, KPMG says.

The Pensions Management Institute and Mercer will offer a joint service providing information and support around discontinuing schemes.

European Commissioner Michel Barnier has announced a delay to the timetable to apply Solvency II rules to UK pension schemes, but "insisted" they will be included.

France's new Socialist government, led by President Francois Hollande, will today present a decree that will lower the state pension age for people who started work early in life.

London mayor Boris Johnson is to convene a high-level meeting of UK pension funds in a bid to source billions of pounds of investment in London housing projects, PP has learned.

The British Chamber of Commerce has revised down its forecast for economic growth this year, from 0.6% to 0.1%

Here it is. The a handy table to compare the current (2008) LGPS with the newly agreed 2014 scheme.

The Pensions Regulator has revealed more details about an "extremely uncommon" Regulated Apportionment Arrangement deal it struck with British Midland Airways.

Employers and unions have announced the details of a new local government pension scheme which will take effect from 1 April 2014. The scheme will have seven major features.

Unions have reached an agreement with ministers over the reform of the local government pension scheme.