The Financial Conduct Authority (FCA) is to revise the terms for its market study into retirement income, following changes to the pension landscape announced in the Budget.
The London Pension Fund Authority (LPFA) has pulled out of Brevan Howard, redeeming its entire investment in the world's third largest hedge fund.
Industry welcomes the proposed Pensions Bill
The government has confirmed its commitment to overhaul the retirement process and announced new plans to introduce collective defined contribution (CDC) in the Queen's Speech today.
Members of the industry have expressed concern over collective defined contribution (CDC) schemes, which are expected to feature in the Queen's Speech later this week.
Mitchells and Butlers is set to resume dividend payments after agreeing a deficit recovery plan that includes a parent company guarantee and a negative pledge, in favour of the scheme.
Chairman of the Association of Consulting Actuaries (ACA) Andrew Vaughan says transfers from defined benefit (DB) to defined contribution (DC) schemes should not be blocked.
The Daily Mail and General Trust (DMGT) has agreed a plan to tackle its pension deficit by making payments of £34m a year with additional contributions if it engages in share buy backs.
The Pension Liberation Industry Group is set to release its code of practice on pensions transfers in early July.
Divisions in pensions wealth have been growing systematically according to findings from the Office for National Statistics (ONS).