Xafinity

Scheme deficits increased significantly in January according to the latest funding survey, compounding mixed messages on the state of defined benefit funds during a month of stock market gains.

MyCSP has appointed Xafinity Paymaster's Nicola Hurst as its chief executive and is planning redundancies just eight months after its launch.

The combined deficit of all UK schemes increased by £150bn last year to reach a total of £550bn, research by Xafinity shows.

Equiniti Group has agreed to sell Xafinity Consulting business to CBPE Capital.

UK master trust providers have launched a trade association in a bid to drive up governance standards and give the sector a "unified voice".

The Pension Protection Fund has launched a specialist administration services panel it says will cut the time schemes spend in its assessment period.

Deficits for in UK schemes continue to climb according to research from Xafinity Corporate Solutions and JLT Pension Capital Strategies.

The Graham & Brown Retirement Benefits Scheme has agreed a buy-in with Pension Corporation which will see it spread the premium over the next five years.

UK defined benefit liabilities have stabilised for the fourth month in a row, according to a Xafinity Corporate Solutions model.

Alliance Trust Savings has sold its small self-administered scheme business to Xafinity's specialist arm, Hazell Carr SSAS.