Members of Parliament yesterday approved the Postal Services Bill, which includes relieving Royal Mail of its £10.3bn pension fund deficit.
MPs are set to lose their gold-plated pensions in favour of a career average revalued earnings scheme after an independent report from the Senior Salaries Review Board.
It is surprising there has been no significant widening of credit spreads post the hung parliament and the eurozone crisis, Schroders says.
Pension schemes hedged £9.5bn of liabilities during the first quarter of this year, F&C Asset Management data reveals.
David Worsfold on why the departure of almost a quarter of sitting MPs should not necessarily be welcomed
A cross-party group of politicians will today urge the MPs' pension fund to vote in favour of resolutions questioning BP and Shell's controversial tar sands proposals.
Giovanni Legorano investigates the increasing trend for US law firms to seek security class action business in western Europe
The Parliamentary Contributory Pension Fund has appointed law firm Sackers to advise the scheme's trustees.
With the baton of pensions policy changing hands for the fifteenth time since Labour came to power in 1997, Jenna Towler explores the consequences of having so many ministers