News

The Universities Superannuation Scheme is nearly £3bn in deficit after its latest triennial valuation revealed the fund had plunged from a surplus of £707m since 2008.

The chief executive of low-cost provider NOW Pensions has slammed the default funds on offer across the industry.

European regulation deman­ding explicit consent for data processing runs counter to the requirements of auto-enrolment, a lawyer warns.

The Pensions Regulator is set to move away from its trigger-based assessment of recovery plans to a more "dynamic" approach factoring in investment risk, it has indicated.

Revisions to the regulations governing automatic enrolment have been released following the conclusion of a Department for Work and Pensions consultation.

Whitbread will give its employees as little information as possible in a bid to avoid "frightening" them off with auto-enrolment.

Funding positions have improved slightly this month as rising asset values offset increasing liabilities which were pushed out by record low discount rates.

Civil Superannuation accounts qualified due to a lack of record-keeping over pension payments

Civil servants poised to form mutual; Watchdog questions pension scheme liabilities; Company pensions need £500bn to pay out in full

Local Government Pension Scheme leaders and pension academics have called for a merger of 101 town hall pension funds into five standalone schemes to improve efficiency.