News

UK manufacturing firm Brammer's defined benefit scheme liabilities have increased by £3m in six months despite a £1.6m scheme contribution from the employer, earnings show.

The Pensions Ombudsman has ruled trustees of the Michelin Pensions Trust twice made improper decisions regarding who received a member's death benefit lump sum.

Yields on UK gilts jumped in early trading as investors reacted to the threat of a possible downgrade of the UK's AAA rating.

Plans to scrap pensions tax relief for higher earners are back on the table ahead of next month's Budget, according to reports.

Barnett Waddingham has opened an employee benefits practice in the North West to advise businesses in the area on defined contribution arrangements and benefits packages.

IBM will reduce its trustee membership from 12 to nine as voting opens on Monday (20 February) to elect three member-nominated trustees - one fewer than in previous elections.

Combined UK defined benefit deficits improved by £5bn to total £265bn at the end of January, latest figures from the Pension Protection Fund show.

High earners' pension relief targeted; 'All final salary pension schemes will close under new EU rules'; EC rules put savings, companies and jobs at risk, business leaders warn; EU change 'will send UK firms to the wall'; We need a radical overhaul of...

The UK inflation rate fell to 3.6% in January, down from 4.2% in December, official figures show

Solvency II could push insurers into alternative assets as firms search for a high yield, according to a BlackRock poll.