The National Employment Savings Trust (NEST) has picked Legal & General Investment Management to run two real estate mandates.
Partnership Assurance Group, the enhanced annuity specialist, has set its offer price at 385p per share meaning its implied market capitalisation for its initial public offering (IPO) is £1.5bn.
The number of people saving adequately for retirement has hit an all-time low, while aspirations for pension income have risen, a Scottish Widows report has found.
Barnett Waddingham has bought Origen's small self-administered scheme (SSAS) business.
Police and regulatory action against pension liberation fraud is making progress, although much of the work is still taking place behind the scenes, delegates heard.
Partnership Assurance is to float on the London Stock Exchange.
The move to ban consultancy charging is "less dramatic than it sounds" as most of the charges that can end up with the employer's adviser remain unaffected, according to a consultant.
The government has banned consultancy charging in auto-enrolment schemes and will propose a cap on default fund charges in a forthcoming consultation.
A City of London call centre at the heart of a pension liberation operation has been raided by police and several people have been arrested.
Pension minister Steve Webb's decision to stop foreign spouses claiming UK state pension based on their husband or wife's history of National Insurance contributions is 'cynical' and a knee-jerk reaction to UKIP's election success, deVere Group has said....
George Osborne has said the Bank of England's new Financial Policy Committee must provide "consistent messages" so it does not risk jeopardising the economic recovery.
Severe delays and errors have hit the payment scheme set up by government to compensate victims of Equitable Life, a report from the National Audit Office (NAO) has found.
Better-off pensioners should pay tax at a similar rate to younger people on comparative incomes, according to the Fabian Society.
Consumer group Which? has called on the government to ban consultancy charging entirely from auto-enrolment pension schemes to give savers a 'fair deal'.
Insurance giant Legal & General has reported increased operating profit of £1,087m following double digit sales growth.
John Taylor, former intermediaries marketing director at Scottish Widows, joined the National Employment Savings Trust today.
Friends Life has launched its auto-enrolment offering for employers.
Fund managers' and pension funds' dedication to pursuing short-term investment goals is causing severely reduced returns, a panel of MPs heard.
The mandatory code of conduct on retirement choices for all Association of British Insurers (ABI) members, set to be enforced from 1 March, must go further to better help consumers, annuity campaigners have said.
State pension changes will work with automatic enrolment rules to ensure it actually 'pays to save' for retirement, the pensions minister has said.
Ros Altmann is to step down from her post as director-general of Saga.
Scottish Life has posted record new business results for the 12 months to 31 December, with total life and pensions business valued at £2.4bn.
The government has confirmed it will consult on proposals to make the process of automatic enrolment simpler.
The National Employment Savings Trust has backed calls to remove legal restrictions blocking it from taking transfers in and limiting contributions.
Details of the thematic review of the £11bn annuity market have been revealed by the Financial Services Authority.
The benefits of auto-enrolment have been accepted by the majority of consumers and many believe the policy means they can "stop worrying" about making a start on pension saving, research has found.
The Office of Fair Trading has launched an investigation into the value for money of workplace defined contribution pensions schemes.
Standard Life has won a legal appeal case brought by professional indemnity insurers over a £100m claim relating to losses arising from its Sterling fund.
Schroders has reached an agreement to acquire US investment grade fixed income manager STW Fixed Income Management.
Aviva has appointed Mark Wilson as its next chief executive.
Lawyers and trustees acting to retrieve £52m removed from nine pension funds during the GP Noble fraud have got back 85% of the missing cash.
Standard Life has reappointed Rowanmoor Pensions to administer its small self-administered scheme portfolio.
The Association of British Insurers (ABI) has launched a consultation on the transparency of annuity rates to ensure consumers approaching retirement get the best deal.
A fifth of people approaching retirement will suffer large income falls and should expect to have to rely on savings and inheritances when they stop working, a report has found.
Conventional annuity rates have dropped 7% since June and enhanced rates have fallen 5% in the same period, according to analysis from provider MGM Advantage.
State pension payouts can vary from as little as £7 a week to £230 due to the "staggering" complexity of current regulations, the pensions minster has said.
A quarter of higher rate taxpayers are missing out on pension tax relief as they shun the product, Prudential research has found.
The number of people saving through a workplace pension scheme has dropped 15% since 2007, with just a quarter of workers actively saving for retirement.
The 2% floor in gilt rates, set by HM Revenue & Customs in 2011, should be lifted to 3% or 4% to ease financial pressure on pensioners in drawdown, a provider has said.
The Treausry has confirmed occupational pension schemes will not be forced to comply with gender neutrality legislation when providing members with annuities.
The majority of pension providers and managers are failing to inform savers about 'hidden charges' which typically wipe £100,000 off pension savings, a think tank has said.
Labour's latest policy document on pension charges is "hugely misleading" and ill-timed ahead of the launch of auto-enrolment, according to the Association of British Insurers.
Tony Morris and his associate Peter Malmstrom have been cleared of taking part in the £52m GP Noble pension scheme fraud.
A group of Lloyds shareholders suing directors over the 2008 HBOS takeover will use the LIBOR scandal as further proof they were misled into backing the deal.
Aviva has overhauled its senior management team and announced a revised strategic business plan after major shareholders raised serious concerns.
Business secretary Vince Cable could take action against Fred Goodwin and a small number of former Royal Bank of Scotland (RBS) directors over the bank's collapse.
Royal Bank of Scotland has told staff members they will have to work longer and contribute 5% of salary to their defined benefit scheme.
Alliance Trust Savings has sold its small self-administered scheme business to Xafinity's specialist arm, Hazell Carr SSAS.