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News UK Pensions

Bentley workers consider strike action over pensions

Bentley Motors workers at the luxury car maker’s Crewe headquarters have backed industrial action in a consultative ballot over plans to close its defined benefit pension scheme, according to the

News UK Pensions

Fast Pensions placed into provisional liquidation

Fast Pensions and five other companies involved in the operation of workplace pensions have been placed into provisional liquidation following a hearing at the High Court. The Insolvency Service sought

News UK Pensions

Better investment and salary exchange can tackle cost of minimum contributions

The significant cost increases that will come from the rise in minimum contributions set to take place tomorrow can be mitigated through shifting pension schemes to improved investment arrangements and

Around the World News

AustralianSuper eyes European investments with new hire

AustralianSuper has signalled its intent to expand its investment opportunities in European markets with the appointment of Damian Moloney. As the superannuation scheme’s head of investments in Europe, Moloney will

European Pensions News

PensionsEurope: Hard Brexit could be costly for pensions

PensionsEurope has called on the EU and the UK to consider the impact of Brexit on the pensions sector before striking a final deal. The European pension scheme group issued

News UK Pensions

Automatic enrolment minimum contributions set to rise

The next stage of automatic enrolment will take place on 6 April, with minimum contributions set to rise from 2% to 5%. The 3% rise in minimum contributions will see

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Hymans Robertson appoints Alistair Russell-Smith as head of corporate defined benefit practice

Pensions and risk consultancy Hymans Robertson has named Alistair Russell-Smith as head of its corporate defined benefit practice. Russell-Smith, who joined Hymans Robertson in 2000, has been a partner for

News UK Pensions

FTSE 100 defined benefit pension schemes enjoy deficit drop

Favourable market conditions and significant sponsor contributions helped drive a 32% reduction in the estimated FTSE 100 defined benefit pension scheme deficit over the year to the end of June

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JLT Employee Benefits rolls out buyout comparison service

JLT Employee Benefits has launched a new buyout comparison service and monitoring tool that allows companies and trustees to receive regular bulk annuity quotations from insurers in the marketplace. The

Around the World News

Willis Towers Watson: IPPs and ISPs reach record levels

A record number of international pension and savings plans (IPPs and ISPs) were set up last year, according to Willis Towers Watson, as employers strive to meet the savings needs