News

Newspaper publisher Johnston Press is pushing on with hopes to detach itself from its defined benefit (DB) pension scheme as it launched a search for a buyer.

B&CE has hired Tim Gosling as head of pensions policy as Andy Tarrant steps down from the master trust.

Four trustees of the Salvus Master Trust have been fined by The Pensions Regulator (TPR) for failing to promptly invest £1.4m of member contributions.

Schroders has introduced a sustainable multi-factor equity fund which aims to help defined contribution (DC) schemes while integrating environmental, social and governance (ESG) factors.

Smart Pension and Legal & General (L&G) have unveiled a prototype demo of their workplace retirement income product which combines drawdown and annuities, exclusively to PP.

The government is set to review an anomaly which sees lower-paid workers in the majority of master trusts lose out on tax relief, it has confirmed.

The aggregate risk across defined benefit (DB) schemes in the FTSE 100 has fallen by almost a quarter since 2017 but 12.5% are still at risk of failure, research suggests.

"Defective" company audits could mean millions of savers in pensions funds are "losing out", says the Competition and Markets Authority (CMA) as it launches a probe of the audit sector.

The Scottish Public Pensions Agency (SPPA) has requested £18.4m from the Scottish government over the next five years in order to deliver a replacement IT project after a Capita project was cancelled.

Former Financial Conduct Authority (FCA) advice director Linda Woodall died in September after leaving the regulator at the end of 2017.