News

Claims trustees are wasting money by paying for regular covenant assessments have been dismissed by a leading consultant and author of a government report.

The government's personal accounts pension scheme can succeed if delivery authority chairman-designate Paul Myners depoliticises his role, employers group EEF claims.

Cashflow into the £28bn Universities Superannuation Scheme is likely to remain positive for 10 years or more, the latest review of its investment principles says.

TRUSTEES of the British Energy pension scheme have refused to work with a newly-appointed independent trustee and have reported the company to The Pensions Regulator.

bfinance - an apology

NEW College Durham has launched a flexible benefits scheme for its 500 employees.

Healthcare specialist BUPA has launched a health assessment tool and urged firms to make healthy working the norm rather than a "distant nirvana".

Institutional fund of funds sales fell more than £108m in the last three months, figures from the Investment Management Association show.

GLOBAL - A third of pension funds do not hedge their currency risk at all, according to the results of this month's Global Pensions 100 Panel.

THE PRUDENTIAL has made a bid for a bigger slice of the annuity market by providing the leading rate in the industry.