Paternoster founder steps back to cut costs; Dairy Crest to close final salary scheme; Insurer Lucida's £500m deal with Merchant Navy Officers' Pension Fund

Workers have been urged to start saving as soon as possible for their retirement in order to avoid unaffordable levels.

Personal accounts are a "scandal waiting to happen" should the government not reassess the means testing regime, Friends Provident chief executive Trevor Matthews says.

UK - Jessops is set to sell its main operating company to a special purpose vehicle owned by its bank, pension scheme and an employee trust.

Jessops is set to sell its main operating company to a special purpose vehicle owned by its bank, pension scheme and an employee trust.

UK - Trustees have been urged to halt moves towards passive equity funds and reconsider the benefits of active investing, Hewitt Associates said.

Trustees have been urged to halt moves towards passive equity funds and reconsider the benefits of active investing, Hewitt Associates says.

Tories propose fast review of new pensions; AIFM directive ‘will harm investors'; National scheme to favour passive strategies

Balanced pooled funds have strengthened further in August 2009 with a median return of 6.0%, latest CAPS pooled pension fund performance results from BNY Mellon Asset Servicing reveal.

The latest Professional Pensions Conjecture debate - to be held on September 29 -will look at the key issues surrounding delegated consulting.