Investment

Property company Quintain has sold a 9% stake in a specialist property fund to a number of pension schemes at a 12% discount to net asset value.

Top company directors pensions' have increased 23% in the past 12 months and can reach £250,000 a year, the Trades Union Congress claims.

GLOBAL - FTSE Group has added 33 companies and removed 15 firms from its FTSE4Good index following a semi-annual review.

FTSE Group has added 33 companies and removed 15 firms from its FTSE4Good index following a semi-annual review.

Pension Corporation has appointed six staff across its business to bolster its team.

Calls by the Trades Union Congress for the government "build upon" restrictions on pensions tax relief are misconceived.

The Personal Accounts investment discussion paper received more than 60 industry responses which will help form its final package of advice to the trustee board.

Proposals urging the government to build upon restrictions on pensions tax relief to help those less well off will not encourage good employer provision, industry bodies say.

Redrow has capped increases in pensionable salary for active members of the defined benefit section of its pension scheme.

Tim Jones has hit back at industry fears about the potentially "unfettered power" of the personal accounts trustee board.