News

The European Union has endorsed revised accounting standards for schemes which will cut UK firms' reported profits by £10bn and could trigger an increase in de-risking.

The code of conduct on enhanced transfer value exercises and pension increase exchanges has thrown into question the degree of responsibility trustees have in ensuring members are treated fairly.

The Daily Mail and General Trust pension scheme is setting up its first in-house de-risking group - the Triggered Asset Switch Committee - in a bid to make speedier investment decisions and improve its funding ratio.

Schemes could find themselves "frozen out" of the Pension Protection Fund if their sponsoring employer is based overseas and fails certain tests, a lawyer warns.

Institutional investors are increasingly incorporating the UK Stewardship Code into overall investment approaches, the Investment Management Association has found.

Pensions Tensions; Pension schemes hit record £332bn deficit; Black hole in final salary pensions hits all time high; Deficit in UK pension schemes widens to a record £312.1 billion; Cost of tackling pensions crisis will only be more painful if we keep...

The Pensions Regulator has published a list of key features that defined contribution schemes "need to be able to demonstrate" to show they will deliver good outcomes for savers.

The number of people in the UK working beyond state pension age has almost doubled over the last 20 years according to figures released by the Office for National Statistics.

An actuarial and consultancy procurement framework for local government pension schemes will launch next month promising "better prices" for schemes.

A recent ruling classing early retirement benefits as the responsibility of the acquiring company in an asset deal will add "cost and uncertainty" to mergers and acquisitions, Mercer says.