EUROPE/ASIA - Nigel Williams, CEO of Europe and Asia ex-Japan at Barclays Global Investors' (BGI), has announced his retirement - effective mid-2007 - after 14 years with the firm.

The shift to money-purchase schemes is cutting pension costs back to levels firms envisaged 30-40 years ago, former Pensions Commission chairman Lord Turner says.

Insurers' life and pensions new business sales rose 30pc in the third quarter to £3.8bn.

Healthcare provider BUPA is urging employers to act now and vaccinate their employees against the flu.

Liability insurance provides peace of mind

Accepting a cash incentive to leave a final salary scheme could be a better option than entering the Pension Protection Fund, a consultant claims.

More workers are now in defined contribution plans than final salary schemes, latest figures show.

Self-invested personal pension providers should not underestimate the impact of next April's regulations, Suffolk Life has warned.

STANDARD Life is set to close its defined benefit pension scheme and will adopt a revalued career average salary approach.

NOMURA International has launched an open-ended capital protected property fund.