News

This week's top stories included what pension schemes should do following the arrival of MiFID II, and Barnett Waddingham posting a 40% rise in pre-tax profits

The Work and Pensions Committee (WPC) has extended its deadline for written submissions for its inquiry into collective defined contribution (CDC) schemes.

City lawyer Charles Randell has been confirmed as the next Financial Conduct Authority (FCA) chairman and takes up the post from 1 April.

Shadow pensions minister Alex Cunningham has resigned from his post, his office has confirmed to Professional Pensions.

UK equities closed the year at an all-time high, putting the seal on a good year for the stock market, according to S&P Dow Jones.

Schemes have been urged to take action after research shows FTSE 100 chief executive officers (CEOs) earn more in three days than the average worker earns annually.

TPT Retirement Solutions (TPT) has announced it has appointed three new members to the trustee board.

This year will see consolidation, cyber risk and cost transparency dominate the industry's focus as schemes bid to improve value for money and meet data protection requirements.

Five in six schemes are potentially at higher risk because they do not have formal contingency plans in place, according to research by Barnett Waddingham.

The number of FTSE 100 defined benefit (DB) schemes at least 80% funded on a buyout basis almost doubled over 2016, according to Lane Clark & Peacock (LCP).