News

Support staff at Manchester University have overwhelmingly voted to take strike action over plans to reduce and close the defined benefit (DB) pension scheme.

The government has rejected the Environmental Audit Committee's (EAC) proposal to make pension fund climate-related financial disclosures mandatory.

The High Court ruling on guaranteed minimum pension (GMP) equalisation may have said various methods were possible but, in practice, schemes will find it fairly easy to implement, legal experts say.

Equiniti Group has bought Aquila from AquilaHeywood for an undisclosed sum.

Willis Towers Watson's LifeSight is the first defined contribution (DC) master trust to allocate around half of equity investments in the default fund to environmental, social and governance (ESG) strategies.

Bulk annuity sales at Just Group have nearly doubled, with total deals amounting to nearly £1.1bn, the insurer's nine-month results reveal.

HM Revenue and Customs (HMRC) has had to pay £38m to pension freedom users after more than 18,000 counts of tax overpayment were reported.

More than half of small and medium-sized enterprises (SMEs) have swapped their auto-enrolment (AE) provider, seeking better value for money.

Defined benefit (DB) schemes and the Pension Protection Fund (PPF) are set to receive even less in sponsor insolvencies as the Treasury moves the taxman higher up the repayment ladder.

PwC and Moody's Analytics will collaborate on a range of technology, implementation and consulting solutions for actuarial and accounting systems.