Industry

The next government should form a steering group to set out the terms for a permanent Pensions Commission, a PP panel of experts says.

Friends Provident's group pensions sales were down in Q1 but there was a stronger showing for annuities and its international business.

Leader: At the time of writing this piece on Tuesday, the prospect of a hung parliament looks like a foregone conclusion.

Balanced pooled funds started 2010 with a positive return of 6.6% in the first quarter, statistics from BNY Mellon Asset Servicing's quarterly pooled fund survey show.

Schemes must internationalise property portfolios to diversify more efficiently, Mercer says.

Labour and Liberal Democrat proposals to restrict tax relief on pension contributions have been branded "unfair" by the Institute for Fiscal Studies.

Savers are missing out on £742m extra tax relief this year by not making additional voluntary contributions, according to unbiased.co.uk.

Pension consultancy Mattioli Woods has bought pension administration and employee benefits businesses of Cooper Parry Wealth Strategies for almost £1.2m.

Gordon Brown has sparked confusion over Labour policy on high earners pensions after he reiterated plans to remove tax relief for those earning more than £100,000.

Law firm Lovells has merged with Hogan & Hartson to create Hogan Lovells.