News

Just under half of respondents to this week's Pensions Buzz argued the master trust market would operate more efficiently if there were fewer participants, without damaging competition.

Lawrence Churchill has been appointed as the first chairman of defined benefit (DB) consolidator Clara's corporate board.

Many smaller pension schemes are failing to demonstrate they provide good value for members, latest research by The Pensions Regulator (TPR) shows.

XPS Pensions Group saw over 20% of its shareholders revolt when voting on its remuneration report at its annual general meeting (AGM) this week.

NEST has appointed its chief financial officer (CFO) Richard Lockwood as a member of its reshaped trustee board which unites executives and non-executives.

Aon has appointed Damon Hopkins as a principal consultant and Adam Fisher as an associate investment consultant for its defined contribution (DC) team.

This week's top story was British Airways' Airways Pension Scheme completing a £4.4bn buy-in with Legal & General, the market's largest ever single transaction, making 2018 a record year for bulk annuities.

Too much weight was placed on a test determining the manageable distance to self-sufficiency within 20 years for the Universities Superannuation Scheme (USS), a joint expert panel has concluded.

The Airways Pension Scheme's £4.4bn buy-in with Legal & General, announced this morning, is set to mark a 'fundamental shift' in market dynamics with deal volumes of £20bn-plus for 2018 now looking possible, consultants say.

Andrew Warwick-Thompson is to step down from his role as chief executive of LGPS Central next spring, the £45bn pool has announced.