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FCA seeks views on non-workplace pensions

The UK Financial Conduct Authority (FCA) is seeking views on the market for non-workplace pensions in a bid to find out whether it is sufficiently competitive. Non-workplace pensions represent around £400 billion

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Carillion tried to ‘wriggle’ out of pension commitments

Collapsed outsourcing company Carillion had been trying to ‘wriggle’ out its pension commitments for the past 10 years, the MP leading an inquiry into its insolvency has said. Frank Field

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Universities to be hit with 14 strike days over USS

UK universities face an initial 14 days of escalating strike action if a row over changes to the Universities Superannuation Scheme (USS) is not resolved. Sixty-one universities would be hit

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Link Asset Services to run Welsh council pension investments

The Wales Pension Partnership (WPP) has mandated Link Asset Services to establish and run a collective investment vehicle for the sole use of the eight local authority pension funds in

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Brunel Pension Partnership appoints new head of private markets

Brunel Pension Partnership has appointed Richard Fanshawe as head of private markets. Arriving from Derbyshire Pension Fund on 1 February, Fanshawe brings 11 years of experience to the role at

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BHS boss guilty of failing to hand over information to TPR

The majority shareholder of the company that bought BHS for £1 has been convicted of failing to hand over information to The Pensions Regulator (TPR). Dominic Chappell failed to provide

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BT scheme members accept new pension deal

Managers and professionals working at BT have voted to accept a new pension deal negotiated on their behalf, workers’ union Prospect has said. BT announced plans to review its defined

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TPT Retirement Solutions revamps trustee board

Workplace pension scheme TPT Retirement Solutions has added three news directors to its trustee board. Andrew Newberry, Thomas Hague and Paul Oldroyd will join the TPT trustee board in place

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PASA launches transfers working group

The Pensions Administration Standards Association (PASA) has created a new working group to look at the influx of requests to shift pension pots between schemes. Gary Evans, board director at

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Defined benefits costs proving too much, says JLT Employee Benefits

Only 19 of FTSE 100 pension schemes are providing defined benefits (DB) to a significant number of employees, according to JLT Employee Benefits. JLT Employee Benefits estimates that the underlying