Part-nationalised banking group Lloyds and its subsidiary HBOS recouped a combined £1.44bn through changes to pension arrangements this year.

European pension funds are shunning cash in favour of riskier alternative investments, a survey shows.

EUROPE - European pension funds are shunning cash in favour of riskier alternative investments, a survey shows.

Housebuilder Taylor Wimpey will close the £567m George Wimpey Staff Pension Scheme to future accrual on 31 August, this year.

The Universities Superannuation Scheme board of trustees has approved employers' proposals for fundamental reform of its benefit structure.

UK - The Universities Superannuation Scheme board of trustees has approved employers' proposals for fundamental reform of its benefit structure.

Communications watchdog Ofcom has ruled out changes to British Telecom's wholesale charging structure, despite the telecoms giant's £9bn scheme deficit.

Embattled chilled foods firm Uniq could be forced to recapitalise in order to fund its £436m scheme deficit.

Local government employers are facing a backlog of legal claims and mounting costs following confirmation that equal pay settlements are pensionable.

Pension Corporation has bolstered its client service team with four new hires.