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.
Sir Winfried Bischoff is to take up his role as chairman of the Financial Reporting Council (FRC) from today following Baroness Sarah Hogg's decision to step down last year.
Lloyds Banking Group (LBG) has confirmed it will scrap pensionable pay increases in its defined benefit (DB) schemes from April, netting a one-off saving of £1bn.
Lloyds Trade Union (LTU) members have voted in favour of a ballot on industrial action should Lloyds Banking Group (LBG) freeze pensionable pay increases.