News

Scrapping indexation could save defined benefit schemes billions of pounds but it would not see a mass move back to DB provision, experts have warned.

HM Treasury has launched a consultation on its intention to authorise tax-transparent collective investment schemes, which could cut the withholding tax paid by UK schemes.

Defined benefit pension fund investors should diversify their portfolios into alternative assets to hedge against rising inflation and equity volatility, Morgan Stanley say.

Polarisation of the annuity market is set to cut profit margins for traditional ‘roll-over' annuity providers unless they adapt their business models, Hymans Robertson predicts.

City office property fell in value for the first time in more than two years last month, dropping 0.1%, data from IPD shows.

Government ministers have demanded the LGPS pool employer contribution rates for academy schools after some councils doubled contributions for academy employers.

The equivalent of £1 in every £5 raised in council tax in the UK goes towards funding the Local Government Pension Scheme, research from a tax lobby group claims.

The constraints on the National Employment Savings Trust were not integral to the organisation qualifying for state aid, says pensions minister Steve Webb.

The benefits of employer contributions will provide a strong incentive to keep people from opting out of their pension schemes, research by the Association of British Insurers reveals.

Northern Ireland's £3.5bn Local Government Pension Scheme has appointed David Murphy to chief executive.