News

Scheme funding has worsened for the second month in a row, the Pension Protection Fund 7800 Index shows.

Resolution and Friends Provident have changed the legal structure of their planned merger in an attempt to derail opposition from Pearl Assurance.

Local authority pension schemes are seeking more diversification from fixed income, research by Fidelity International shows.

Flexible benefits are highly valued but employers are reluctant to use them, an employee benefits consultant says.

Revised guidance on clearance will make trustee "land grabs" more difficult, Punter Southall says.

BlackRock has bought administration services provider DC Link to boost its bundled defined contribution offering.

Employers can give staff a valuable support benefit providing information, advice and healthcare counselling through a new scheme launched by the Private Health Partnership.

THE £1.4BN Kingfisher Pension Scheme has awarded 130/30 mandates worth a total of £80m to Goldman Sachs Asset Management and Wegelin.

Pharmaceutical company Murex Biotech is set to wind-up its defined contribution pension scheme.

Irish pension funds reported negative returns of -0.6pc in August, a survey by Rubicon Investment Consultants shows.