News

E-commerce standards and services body Origo has extended its transfer facility Options Transfers to cover occupational schemes.

UK GDP rose by 0.7% in Q4, according to an initial estimate from the Office for National Statistics, with growth for the year as a whole rising at its fastest rate since 2007.

Canada's Bank of Montreal (BMO) has agreed a deal to buy F&C for £708m in cash.

Around two thirds of employers who have auto-enrolled their staff found it "more difficult than they had anticipated", the National Employment Savings Trust (NEST) says.

Premier plans to expand into the provider market by launching a multi-employer defined benefit (DB) scheme and a defined contribution (DC) master trust in March this year.

Lloyds Trade Union (LTU) members have voted in favour of a ballot on industrial action should Lloyds Banking Group (LBG) freeze pensionable pay increases.

The High Court has ruled that companies cannot challenge Pension Protection Fund (PPF) levies based on failure scores calculated using out-of-date information.

The trustees of an unnamed construction firm's scheme have agreed a medically underwritten buy-in with Partnership Assurance to cover £33m of liabilities associated with the fund's pensioner members.

Legal & General has launched an online calculator that provides instant quotations for businesses looking to provide group life and group income protection policies for their employees.

Two-fifths of employees would be willing to give up a pay rise in order to receive employer sponsored protection insurances as part of their benefits package, latest research reveals.