THE GOVERNMENT needs to concentrate on education to tackle financial illiteracy, the Opposition claims.

ABI warns against capping pension charges; Rate hold pressure intensifies; Rentokil and Schroders dropped from FTSE100; S&P says bank rates will stifle debt fears

JPMORGAN has hired former Watson Wyatt European head of investment consulting Kevin Carter as head of its Europe, Middle East and Africa (EMEA) pension advisory group.

SCHRODERS and Rentokil will exit the FTSE100 on September 18, the index has confirmed.

ALEXANDER Forbes Financial Services has launched a new vouchers service which, it claims, will reduce the high cost of childcare for workers.

GLOBAL - Rubicon Investment Consulting's monthly group pension managed funds update delivered both good and bad news for the pensions industry.

SIGNIFICANT flaws in defined contribution arrangements are going undetected because of the "hysteria" surrounding a few failed final salary schemes, warns Barnett Waddingham.

THOUSANDS of people will be deterred from joining the National Pension Savings Scheme if the Association of British Insurers' alternative model is adopted, unions believe.

SWEDEN - The Second AP Fund has disposed of its interest in both Wal-Mart and Wal-Mart Mexico, citing "infringements of internationally accepted ethical norms."

Canadian pension fund giants are prevented from investing in local infrastructure by erratic regulation and a lack of government initiatives, industry players have claimed.