News

Wolfson Microelectronics is to close its defined benefit pension scheme to future accrual and is working with trustees to eliminate the scheme's £10m deficit within 10 years.

Premier Foods is in discussions with the trustees of its pension schemes about whether or not it can issue bonds as a company.

Increasing public sector employee contribution rates is threatening a surge in opt-outs - putting Lord Hutton's call for affordable reforms at risk, a lawyer warns.

UK - BAA has shaved a further £37.1m ($61.5m) off its defined benefit scheme deficit, results show.

US - New York governor Andrew Cuomo has asked the state's Insurance Department to, for the first time, ban the involvement of any state officials in pension fund business.

BAA has shaved a further £37.1m off its defined benefit scheme deficit, results show.

Trustees of global security firm Northrop Grumman's UK pension plan have appointed Punter Southall as its scheme actuary.

GLOBAL - BlackRock's Deborah Fuhr has called for greater scrutiny of the different exchange-traded products coming to market, following a number of regulator warnings.

Rethink urged on future pension bill; Pensioners missing out on £2400 in benefits; Britain's pension system among the best, but demographic risks loom; Calpers criticises banks over Lehman proposal

The government's probe into allowing early access was a political rather than practical move and the Treasury knew the idea would be rejected, a lawyer claims.