Industry

Nearly four-fifths of scheme managers have welcomed the government's decision to investigate alternative methods of implementing tax-relief restrictions on pension contributions - including reducing the annual allowance to as little as £30,000

Kim Gubler Consulting asked 18 firms to participate in its first actuarial survey, of which 13 responded.

Treasury plans to curb the annual allowance to about £40,000 rather than slash tax relief for high earners have been backed by the industry.

Scottish Life, the pensions division of Royal London, has seen new business increase by 62% to £1.1bn in the six months ending June 30.

The independent panel of experts tasked with assessing the viability of auto-enrolment and NEST has finished a run of seminars with stakeholders.

The Association of Consulting Actuaries is undertaking a survey seeking employers' views on the government's upcoming review of auto-enrolment and NEST.

Chemicals company Croda International is changing the accrual rate of its pension scheme for new members, despite a slight improvement in its scheme deficit.

Some 600 AstraZeneca workers in Macclesfield are being balloted on strike action over proposed changes to the defined benefit pension scheme, unions say.

Unite has threatened Ford with legal action over staff who lost their pension when Visteon UK went into administration last year.

The judges for the Pension Scheme of the Year Awards have been confirmed.