The proposed personal accounts framework could be used to provide inexpensive life cover for workers currently part of a £2.3trn protection gap, Friends Provident says.

Avalon Acquisitions - a company formed by funds advised by Permira Advisers - has confirmed it is considering a possible offer for Just Retirement.

NETHERLANDS - A group of investors in troubled financial company Fortis is in talks with foreign pension funds to launch a US class action style complaint against the Dutch state.

Babcock International has completed the first stage of its longevity swap deal in a bid to cap its exposure to increasing life expectancy.

The government has done a U-turn on proposals to increase taxpayer contributions to MPs' pensions.

Rethink on MPs' pension scheme; Pensions industry is scaremongering to deflect blame

Factors such as age, gender and income greatly affect the employee benefits chosen by employees, Mercer research reveals.

Cineworld has agreed to increase employer contributions to its new defined contribution scheme after negotiations with union Bectu.

Nearly all of scheme managers believe the current economic environment will lead to a new wave of companies closing pension schemes to existing members.

HONG KONG - Hong Kong-based retirement funds have soared over 20% since the end of March on the back of strong regional stock markets, according to a research by fund manager RCM.