News

BT members of the Prospect union have voted to approve a controversial pension restructure ahead of the defined benefit (DB) scheme's closure in April.

The £15bn Wales Pension Partnership has selected Link Asset Services as its authorised operator to set up and run a collective investment vehicle.

The Pension Protection fund (PPF) has announced it has appointed six firms and removed 17 firms from its legal panel after a six-month procurement process.

Pension-related cold calls have increased by around 2.7 million since Freedom and Choice was introduced in April 2015, according to research commissioned by Aviva.

Graham Bryant has been appointed as a client director at Independent Trustee Services (ITS) to lead trustee appointments in Manchester and the North of England.

PTL has introduced an investment cost assessment service to slim down and simplify costs and charges scrutiny for trustees.

The Plumbing and Mechanical Services (UK) Industry Pension Scheme has temporarily banned any of its sponsoring employers from leaving the scheme.

State Street Global Advisors (SSGA) has announced it has appointed Miles O'Connor as its new head of institutional for Europe, the Middle East, and Africa (EMEA).

All private sector defined benefit (DB) schemes will have at least closed to accrual by 2028, according to this week's Pensions Buzz respondents.

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