Legal and General's workplace pension sales have risen 189% this year due to the introduction of auto-enrolment for major retailers.
Marks & Spencer has changed the terms of its £1.1bn pension funding partnership after the Financial Reporting Review Panel expressed concerns over amendments made to the arrangements.
The Marks & Spencer pension scheme's net surplus has grown from £168.5m to £221.2m over the last six months, driven by asset performance.
ICI Pension Fund has appointed Eileen Haughey as its new chief executive.
Braced for impact: Employer's 2012 coping strategies
Marks & Spencer is set to replace its current pension scheme with a ‘bundled mastertrust' called Your M&S Pension Savings Plan in preparation for 2012.
Marks & Spencer's pension scheme has moved into surplus after boosting its funding position by more than £500m over the last year.
The Pensions Regulator felt it necessary to issue guidance on asset-backed funding structures and potential breaches of employer related investment rules this week.
Marks & Spencer Pension Trust has appointed Graham Oakley as its new chairman, the M&S Group announced today.
The launch of the Association of Member Nominated Trustees is a positive step for the industry.