Three-quarters of scheme managers believe Budget proposals to restrict higher-rate tax relief on pension contributions for people with incomes over £150,000 from April 2011 will have negative consequences for occupational schemes.

A lifetime annuity or trivial commutation is likely to be the most appropriate decumulation option for personal accounts members, PADA says.

Friends Provident has issued a circular to shareholders proposing the de-merger of F&C Asset Management from the main group, seeking a vote by 12 June.

A significant proportion of equity holdings managed within passive funds are not subject to high levels of environmental, social and governance risk management, an audit reveals.

Increasing governments scrutiny on corporate governance will exert growing pressure on pension schemes to become more engaged as shareholders, a Watson Wyatt survey claims.

The Equitable Members Action Group has been given leave to challenge the government in the High Court for failing to provide a proper compensation scheme for people who lost money in Equitable Life.

The CBI has called for an eight point action plan to be implemented in a bid to protect struggling firms from being damaged further by defined benefit pension schemes.

Prudential UK has enhanced its defined contribution systems platform in a bid to improve its service to advisers.

CBI calls for swift action on pensions; Pensions burden 'holding back British business'; Employees set to work longer as recession bites

Takeover talks between Pension Corporation and Paternoster came to a halt last Friday after a disagreement over price.