News

Schemes with liabilities linked to the retail prices index are set to get a multi-million pound boost next year after researchers said they would change the way they calculate inflation to make RPI figures lower.

The trustees of the National Employment Savings Trust must take legal action against the government's decision not to remove contribution limits to the vehicle, shadow pensions minister Gregg McClymont says.

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.