News

Operating profits across the UK units of Standard Life fell last year due to a fall in income and higher acquisition expenses.

Schemes are increasingly delegating investment decisions to a separate committee or fiduciary manager, according to research from Russell Investments.

The Pensions Management Institute has thrown its weight behind efforts to make charges more transparent before the introduction of auto-enrolment.

Despite mid-sized schemes' commitment to long-term funding targets the majority are failing to progress due to lack of resources, a poll shows.

Trustees of the Jerome Group Pension Fund have begun proceedings to recover almost £3m from the administrators of Glasgow Rangers FC.

Strathclyde Pension Fund has forced a shareholder meeting at Lochard Energy in a bid to oust two of the group's directors.

Gordon Pollock has joined consultant Barnett Waddingham to help develop the firm's capability to act as an expert witness in legal cases.

Dorset County Pension Fund has appointed Insight Investment to manage a £150m inflation protection mandate.

MetLife Assurance has appointed Wayne Daniel as its chief executive.

The government has published its final proposals for public sector pension reform, but several unions have already deemed the offer unacceptable.