Lawyer warns that Pensions Bill amendment may have unintended consequences for some schemes.
The Court of Appeal ruling in the Nortel/Lehman case means ordinary workers could see redundancy and notice pay extinguished by a pension scheme ‘super creditor', a lawyer says.
Publisher Emap has completed the wind-up of its 6,000 member Flexiplan defined contribution pension scheme with a £140m buyout.
The Volkswagen Group UK Pension Scheme has invested £23m, a quarter of its defined contribution default assets, in a multi-asset strategy with Baring Asset Management.
Legislation curtailing pension charges for deferred members has been announced by pensions minister Steve Webb.
The introduction of funding level triggers will become standard practice for pension schemes as part of de-risking strategies, Aon Hewitt says.
The DMO should issue CPI-linked gilts on shorter durations of ten to 20 years to match schemes' shorter-dated CPI-linked liabilities, two of the industry's biggest bodies say.
Michael Johnson is a man who calls a spade a spade. And then hits you over the head with it.
UK fund managers are losing market share to alternative investments and must target broader assets owned by institutional investors to stave off further losses, McKinsey & Company say.
Pension fund trustees are overlooking investment in smaller companies because the risks associated with the asset class are misconceived, Invesco Perpetual say.