The coalition was right to heed warning about the potential impact of an annual allowance as low as £30,000, trade bodies say.

The annual allowance will be cut from £255,000 to £50,000; the lifetime allowance reduced from £1.8m to £1.5m, and the factor for valuing final salary benefits increased from 10 to 16, the Treasury has announced.

News that the National Association of Pension Funds has closed its defined benefit scheme to new members cannot come as a total surprise to readers of Professional Pensions.

The National Association of Pension Funds has closed its final salary scheme to new members after liabilities soared by nearly 50% during 2009, PP has learned.

HM Treasury will announce new pension taxation rules including the cap on the annual allowance tomorrow.

F&C Investments has launched a fund which aims to provide investors with a combination of capital growth and income from European equities.

Two years on from official regulatory guidance on managing conflicts of interest the majority of small pension schemes are still falling short, a law firm warns.

It is inevitable large numbers of very small NEST pension pots will remain unclaimed by people who are auto-enrolled, Lawrence Churchill admits.

Lord Hutton will pitch collective defined contribution schemes to the department for work and pensions but would not be drawn on whether the model could translate to the private market.

It is possible to run career average 1 / 120th schemes at a similar cost to what is on offer from NEST, delegates heard.