News

Redington has promoted David Bennett to its executive board, with Patrick O'Sullivan set to replace him as head of investment consulting.

Companies with more than 250 employees will be required to disclose the pay gap between chief executives and their average staff members from 2019, the government has announced.

The London Borough of Lambeth Pension Fund has signed up to a £42m private-rented sector investments strategy with Invesco Real Estate.

The ability of FTSE 350 companies to meet their defined benefit (DB) pension obligations is at its highest level in the last decade, PwC analysis says.

In this week's Pensions Buzz, we wanted to know whether geopolitical risk will increase or decrease over the next six months, and how Guy Opperman has performed as pensions and financial inclusion minister over his first year in the post.

This week's top stories include House of Fraser's defined benefit scheme becoming 'kingmaker' in the retailer's restructuring plans, and the need for a pool of 'super trustees' at The Pensions Regulator.

The EU must "stick together" amid Brexit challenges as a strong economy is needed to provide pensions, Pensions Europe chairman Janwillem Bouma says.

Lloyds Banking Group has sold its remaining stake in Standard Life Aberdeen following a decision to withdraw £109bn of assets managed by the firm for Scottish Widows.

Senior staff at national recruitment agency Workchain have pleaded guilty to illegally opting temporary staff out of their workplace pension scheme, leading to The Pensions Regulator's (TPR) first criminal conviction under this offence.

Increasing sponsor support or lowering member benefits will ultimately improve the funding position of defined benefit (DB) schemes, according to the European Insurance and Occupational Pensions Authority (EIOPA).