Investment

Friends Provident has halted discussions on a take-over proposal by Resolution due to structural and governance concerns, the insurer says.

The pensions ombudsman's office has cleared its long-standing backlog of unresolved cases during the past 12 months, its annual report reveals.

Senior finance executives at UK companies are less confident than their US and Canadian counterparts about accessing cash to fund retirement commitments over the next two years, Towers Perrin research reveals.

A consultation by The Pensions Regulator has revealed widespread support for the trustee knowledge and understanding requirements.

The Accountancy and Actuarial Discipline Board has launched a second investigation in connection with the First Quench Pension Fund.

Defined contribution pension assets fell last month after three consecutive months of gains, Aon Consulting research reveals.

Barclays staff are to be balloted for industrial action over the company's plans to close its final salary scheme to future accruals.

The trustees of British Airways' defined pension schemes have agreed to release up to £330m in bank guarantees back to the airline.

One in five British workers has turned down a job because they felt that the benefits on offer, including pensions, were unattractive.

American Express has suspended company contributions to its UK pension plans in a bid to cut costs.