Lloyds

The defined benefit (DB) pension schemes of Lloyds Banking Group saw their combined accounting surplus grow by £954m over the first six months of 2018.

Plans to invest more than £3bn in strategic initiatives

This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.

The combined funding position of the Lloyds Banking Group defined benefit (DB) schemes deteriorated considerably in the third quarter of the year.

Toby Strauss, the chief executive of Scottish Widows, is to exit the group after four years.

The UK's first sterling bond linked to the Consumer Price Index (CPI) has been issued to help finance the building of a tube link in London.

Aviva has announced the members of its Independent Governance Committee (IGC).

It is possible to invest smartly, efficiently and creatively under the 0.75 bps charge cap, Natasha Browne hears

The introduction of a charge cap on transaction costs would be "unworkable" and could lead to inefficiencies, experts have warned.

Lloyds Banking Group has appointed Karen Wake as a senior pensions strategy manager.