News

The government is set to review an anomaly which sees lower-paid workers in the majority of master trusts lose out on tax relief, it has confirmed.

The aggregate risk across defined benefit (DB) schemes in the FTSE 100 has fallen by almost a quarter since 2017 but 12.5% are still at risk of failure, research suggests.

"Defective" company audits could mean millions of savers in pensions funds are "losing out", says the Competition and Markets Authority (CMA) as it launches a probe of the audit sector.

The Scottish Public Pensions Agency (SPPA) has requested £18.4m from the Scottish government over the next five years in order to deliver a replacement IT project after a Capita project was cancelled.

Former Financial Conduct Authority (FCA) advice director Linda Woodall died in September after leaving the regulator at the end of 2017.

The combined defined benefit (DB) funding level increased to 97.7% at the end of September, according to the Pension Protection Fund's (PPF) latest update.

Border to Coast Pensions Partnership has named its first three asset managers to oversee a circa £1.2bn UK equity portfolio.

The BT Pension Scheme (BTPS) has appointed Now Pensions founder Morten Nilsson as chief executive of its investment management and advisory arm.

Financial services provider STM Group will expand into the auto-enrolment (AE) market after acquiring Carey businesses for £400,000.

Investment consultants including the 'big three' have all agreed to participate in discussions to develop a strategy to demonstrate whether they provide value for money to pension fund clients.