News

Hackney Borough Council has gone out to tender for an administration and pay roll provider for its £685m pension scheme.

Now is the perfect time for employers to consider carrying out an enhanced transfer value exercise, industry experts say.

Pension scheme trustees have been "left in limbo" for four months over delayed money laundering regulations, a law firm says.

Three large local authorities are to become the first to introduce a total reward statement pilot scheme for employees.

Trustees of the Telegraph Staff Pension Plan and the Telegraph Media Group have agreed a £12m buyout with Legal & General.

UK - Legal & General has completed a £12m (US$23.8m) buyout of the Telegraph Media Group (TMG) defined benefit liabilities, with the support of actuarial consultancy Lane Clark and Peacock LLP (LCP).

Widows lifts curbs on property exits; CBI warns on growing pension rules ‘burden'; HBOS sees no let up in liquidity crunch in 2008; We'll have to work until we're 70, just as it was in Lloyd George's day; Aviva policyholders to get average of £1000

US - Companies are increasingly considering phased retirement programmes as they face an unprecedented talent shortage, according to Hewitt Associates.

ACE European Group deputy chairman Emma Watkins is set to move to MetLife to head up business development.

Mercer is expanding its benefits outsourcing business in a bid to lead the market in customer service delivery.