News

The People's Pension has absorbed almost £20m in funds under management after completing the transfer of master trust Your Workplace Pension.

The London Pensions Fund Authority (LPFA) has named Robert Branagh as its managing director following the retirement of Mike Allen.

The Insolvency Service has placed six firms overseeing 15 occupational pension schemes into provisional liquidation after an investigation.

British Airways (BA) has opened a 'flexible' defined contribution (DC) scheme, offering a range of contribution rates and the ability to take cash payments in lieu of a pension.

Scottish Widows has enhanced its workplace savings offering in a bid to appeal to larger schemes with more flexible products following its acquisition of Zurich Corporate Savings.

The Pensions Regulator (TPR) is to prosecute recruitment company Workchain and seven of its directors and senior staff for allegedly using a computer programme to terminate employees' membership.

The combined deficit of the UK's defined benefit (DB) pension schemes rose by 25% to £131bn on an accounting basis during March, JLT Employee Benefits analysis has revealed.

There are 'shocking disparities' in pension incomes - including within the same region, according to a Royal London analysis of HM Revenue & customs (HMRC) data.

Ian Greenwood has been appointed to lead the £46bn Northern Pool, which was set up by the local government pension funds for Greater Manchester, West Yorkshire and Merseyside.

Savers feel positive about the upcoming rise in auto-enrolment (AE) contributions, according to data from the National Employment Savings Trust (NEST).