News

The trustee of the Merchant Navy Ratings Pension Fund (MNRPF) has appointed Towers Watson to provide fiduciary management services to the £850m scheme.

Capital Cranfield Trustees has expanded with the appointment of Stella Girvin and Martin Flavell as client directors.

Former pensions minister Steve Webb believes the money put into Pension wise would have been better spent giving retirees vouchers for financial advice.

Dairy Crest has bought back properties owned by its defined benefit (DB) pension scheme ahead of the sale of the group's dairies business in December.

The Pensions Administration Standards Association (PASA) has stepped up its campaign to help administrators deal with the end of contracting out in 2016.

Former pensions minister Steve Webb believes the money put into Pension wise would have been better spent giving retirees vouchers for financial advice.

Uber drivers have begun legal proceedings against the company to be classed as employees and earn related benefits.

Fewer than one in 20 employees protect their income, despite low levels of financial security.

Royal Philips has completed a £2.4bn buy-in with Pension Insurance Corporation (PIC) that will enable it to wind up its scheme following earlier transactions to insure almost £1bn in benefits.

Many Britons may be unknowingly suffering severe health conditions or at a high risk of developing such problems.