News

A specialist consultancy focused on guaranteed minimum pension reconciliation has been launched to speed up the notoriously complex process for trustees.

Deloitte has ambitious plans to expand its pensions advisory services practice threefold over the next three to four years.

Some trustees risk their members being entitled to benefits based on uncapped salary when old Inland Revenue limits fall away after April 5, lawyers warn.

Contribution rates for the Merseyside Pension Fund will increase to 18.1% after the scheme's triennial valuation revealed a 2 percentage point drop in funding levels.

Companies using the Local Government Pension Scheme as part of council outsourcing deals could be forced to reassess their membership following the triennial valuation, industry figures warn.

The National Employment Savings Trust received more than 150 expressions of interest from asset managers hoping to manage its first five investment funds, PP can reveal.

Pension funds and asset managers belonging to the Institutional Investors Group on Climate Change will be balloted this week to assess their ethical investment performance.

Equity volatility will continue to challenge market stability this year with "mini-crises" likely to derail investment certainty, according to Allianz Global Investors Capital.

Deficits are creating a drag on scheme investment returns of about 1.2% of liabilities a year, Pension Insurance Corporation research shows.

The trustees of the £250m Sun Chemical Pension Scheme have appointed Aon Hewitt to provide administration, actuarial and pensions management services.