News

Redrow has capped increases in pensionable salary for active members of the defined benefit section of its pension scheme.

Tim Jones has hit back at industry fears about the potentially "unfettered power" of the personal accounts trustee board.

US - The Mayor of Philadelphia is seeking the approval of state legislation to defer pension payments in order to prevent job losses and other cuts in the city.

The government must "build upon" restrictions on pensions tax relief to help those less well off, the Trades Union Congress says.

US - The funding status of S&P 1500 company pension schemes "remained broadly unchanged" in August despite a continued recovery in equity markets, Mercer says.

GLOBAL - Inalytics has developed a league table of transition managers in conjunction with Mercer and Hewitt to help pension funds with due diligence.

Inalytics has developed a league table of transition managers in conjunction with Mercer and Hewitt to help pension funds with due diligence.

Pension shortfalls approach £200bn; Top earners take quarter of pension subsidies

More than a quarter of trustees have increased the frequency of covenant reviews to more than one a year as the risk of corporate failure grows, Mercer says.

Pitmans Trustees has boosted its team with the appointment of Martin Kellaway as manager.