SCOTTISH Life is rebranding its individual personal pension product as "Pension Portfolio" in preparation for the launch of additional self-investment functionality in December.
FINLAND - People are still retiring far too early in Finland despite efforts to push back the retirement age by two to three years, the Finnish Centre for Pensions (Eläketurvakeskus/ETK) has found.
A "nanny-state" approach to defined contribution governance could force employers to close schemes, employee benefits consultant Entegria warns.
PROVIDERS are under increasing pressure to add Islam-friendly funds to corporate defined contribution plans, experts claim.
SOUTH KOREA - Discussions to reform the national pension scheme in South Korea are underway in an effort to reduce the incidence of early retirement and ease the pressure on the scheme.
UK-BASED fund managers are the best at producing alpha in Europe, new research reveals.
UK - Watson Wyatt has appointed Kambiz Deljouie and Maurizio Abbruzzo to its investment strategy team in Reigate.
THE PENSIONS Regulator should consider issuing a code of practice to help employers better manage their final salary liabilities, claims independent actuaries and consultants Spence & Partners.
EUROPE - The Forum of European Asset Managers (FEAM) has "broadly" welcomed the white paper from the European Commission on enhancing the single market framework for investment funds as "a very positive step forward in the evolution of regulation".
LUMP SUM cash-offs or buyouts could cost government up to £2bn in lost tax revenues, Mercer Human Resource Consulting warns.