News

Tesco's pensions deficit has risen 40% in the past year to £1.87bn driven by lower than expected bond yields and asset returns.

Labour has put forward a series of amendments to the Financial Services Bill to strengthen stewardship practices in the UK.

The council of the Institute and Faculty of Actuaries has selected Dr David Hare as its president-elect, effective from 25 June.

Time to reward elderly, say MPs; Unions reveal more strikes over pensions; Tube maintenance workers back strike

NHS workers who are members of Unite and civil servants represented by the Public and Commercial Services union will stage a 24 hour walk-out over plans to reform their pension schemes.

The government's "loose" monetary policy of quantitative easing and low interest rates is diminshing retirees' income, a report by MPs concludes.

Her Majesty's Revenue and Customs has revealed it will amend its salary sacrifice rules to prevent unfairly penalising employees who opt out of auto-enrolment salary sacrifice pension schemes.

A leading independent trustee has warned the structure of current defined contribution schemes will lead to social unrest.

West Midlands Pension Fund is piloting an online data portal to help firms cut paperwork and allow members access benefit statements online.

Employers that see auto-enrolment as an opportunity to level down pension provision should be prepared for a surge in applications to join their existing schemes, a lawyer warns.