Uncategorised

The National Association of Pension Funds has rebuffed suggestions it is a "big club for defined benefit" schemes.

The Pension Protection Fund transferred another four collapsed pension schemes to its control last month.

Trustee boards are struggling to meet their legal obligation to be one-third member-nominated, Trustee GAAPS says.

Actuaries will help stabilise the economy through their expertise in risk management, the Faculty of Actuaries says.

Annuities have been unaffected by the global meltdown of the financial markets with some providers slightly lifting level rates, Alexander Forbes says.

Pensions reform minister Mike O'Brien has been replaced by Rosie Winterton as part of Gordon Brown's government reshuffle.

Employee confidence in pensions improved from 3pc to 22pc during 2008, a National Association of Pension Funds study reveals.

Two-thirds of people do not trust any political party to resolve the UK pension crisis, Defaqto research shows.

Policy makers must act now to halt the "pensions pinch" because half the population do not have any retirement savings, the Life Trust Foundation warns.

A trustee has been ordered to repay his scheme almost £90,000 after both the pensions ombudsman and the High Court found him in breach of trust.