News

The Universities Superannuation Scheme (USS) has made an offer to acquire 100% of Hull-based IT and communications solutions provider KCOM Group.

Snehal Shah has been appointed by XPS Pensions as chief financial officer (CFO) and executive director of the board, replacing Mike Ainslie who will leave the company on 30 June.

The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.

The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.

Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.

The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.

Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.

The Pension Protection Fund (PPF) has published contingency planning guidance for trustees to help them manage risk.

The trustees of the Autoenrolment.co.uk and Moore Stephens master trusts have been fined for "deficient" chair's statements after failed court action against The Pensions Regulator (TPR).

PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.