Citigroup, the sponsor of the Thomson Regional Newspapers Pension Fund, has completed a £60m pensioner buy-in deal with Prudential.

While conservatism does not do revolutions, it does evolve, and some pension funds are looking to break from the norm.

A trustee for a small pension scheme has escaped a substantial tax bill after wrongly moving funds into his personal bank account.

Insurance broker Aon has denied that its recent merger with Benfield has directly influenced the decision to cut its pension benefits.

An annuity provider’s bid to make major distributors join an industry-wide campaign to promote the open market option (OMO) has won early support.

Two-thirds of trustees and pension fund managers feel their sponsoring employers do not understand the enormity of their workloads.

Wealthy pensioners are flocking towards scheme pensions after the gilt yields crash led to lower payouts under alternatively secured pensions (ASPs).

A typical FTSE 350 company has a pension deficit equal to 246 days of its annual earnings, according to analysis by Hymans Robertson.

Club Vita, the UK’s first ‘longevity comparison club’, has enrolled 50 pension schemes since its launch in January.

Nine out of 10 pensions professionals believe trustees should offer increased flexibility to their employers’ pension funding plans.

PROFILE: Tom Willetts speaks to shadow pensions minister Nigel Waterson about the fresh opportunities presented to the Conservatives in the run-up to the next election, the government’s failure to protect DB schemes from closure and the plausibility of introducing indexation

The role of nonexecutive director is coming in for a huge amount of scrutiny and the role of trustee is really no different.

The turf war is being waged and it will be interesting to see if one party prevails over the other.

As in many industries, start-up companies in the asset management business are often launched with the backing of an anchor client, or an ‘angel’ or ‘seed’ investor. Throughout most of the history of the hedge fund business, this has also been the case, with such investors being a firm’s launch client in return for economic incentives.

Recently published ideas offer a blueprint for a shake-up of the corporate system, says Tom Powdrill

By day, Gordon Sharp deals closely with mortality in his role as a director at KPMG, but in his spare time he takes his life into his own hands as a pilot.

Institutional fund platforms are enjoying a growing popularity among defined contribution (DC) schemes. Inspired by the idea of retail fund supermarkets, the best platforms offer a practical way to access investment funds from many managers.

Cardano UK has appointed Frederic Hevras (pic) and Michelle Bellwood to its investment management team.

Investment Solutions has named Emma Jackson as DC customer relationship manager. Jackson will focus on supporting the business demands of the existing DC client base.

Hermes BPK Partners, an alternative multi-manager advisory and fund-of-hedge fund boutique, has appointed Glyn Jones as chairman.

Rowanmoor Pensions has named Ian Linden as senior sales consultant to its national sales team. Linden will provide consultancy and support services for the company.