News

The Pensions Regulator has rejected criticism of the scope of its defined contribution code of practice.

The Pension Protection Fund is likely to lose a 33% stake in Jessops after the high-street camera retailer entered administration.

PTL has launched an observed meeting service for trustees.

Prime Minister David Cameron denied the end of contracting out will create a wave of further closures of final salary pension schemes.

Employers with final salary schemes face a hike in National Insurance contributions which could foreshadow another round of DB closures, as the government prepares to abolish contracting out later today.

Capital Cranfield Trustees has named Bob Bridges as its chairman.

This afternoon the government will unveil its long-awaited state pension white paper, revealing decisions on the future of contracting out and increasing the state pension age in line with life expectancy.

The new flat-rate state pension, set at about £144 a week and starting in April 2017, is set to be confirmed later today (Monday).

The ‘no change' announcement by the Office for National Statistics has added £20bn to FTSE100 deficits as gilt market expectations for inflation increased.

A group of 14 insurers have signed up to an agreement on charge disclosure drawn up by the Association of British Insurers.