News

FTSE Group has added 33 companies and removed 15 firms from its FTSE4Good index following a semi-annual review.

Pension Corporation has appointed six staff across its business to bolster its team.

The Personal Accounts investment discussion paper received more than 60 industry responses which will help form its final package of advice to the trustee board.

Proposals urging the government to build upon restrictions on pensions tax relief to help those less well off will not encourage good employer provision, industry bodies say.

Unite has called on The Pensions Regulator to investigate the transfer of the Visteon scheme to the Pension Protection Fund.

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.