News

Members of the Pensions Action Group have renewed lobbying MPs to improve their compensation package from the Financial Assistance Scheme.

Schemes are being asked to pay a prohibitive premium to hedge against Consumer Prices Index or Limited Price Index inflation, delegates at the PP Risk Reduction Forum heard.

UK schemes could release up to £200bn currently invested in gilts to match their liabilities more closely with a buy-in policy, says Aon Hewitt.

B&CE is set to finalise the governance of its auto-enrolment offering after overcoming complexities with its master trust structure.

Companies could be missing thousands of eligible workers out of their auto-enrolment plans because they wrongly believe they are classed as self-employed, consultants and a lawyer warn.

The Pension Protection Fund is set to lose a 10% equity stake in Aquascutum after the high-end fashion retailer entered administration.

Strain on local government pensions is speeding up their maturity faster than previously thought, a leading consultant says.

Michael Bow reports from the Public Sector Pensions conference, held in London last week.

A European Parliament committee has voted to exclude pension funds from the Europe-wide financial transaction tax.

Millions of pounds taken from nine defrauded pension schemes were transferred to two shell companies before being disseminated to a multitude of "risky" investments, a court heard yesterday.