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THE end of the housing boom has shattered people's confidence about using their home as part of their retirement savings, research reveals.

A new service which frees insolvency practitioners from the liability of being a trustee of an insolvent company's defined contribution scheme has been launched.

Chancellor moves the goalposts on pensions; KKR ready to go public with a price tag of $19bn; Fund manager awaits further price falls for distressed debt

PEOPLE would be better off putting their money under the mattress than saving into personal accounts, Cazalet Financial Consulting claims.

Additional voluntary contribution scheme members and other policyholders who saw investments with Equitable Life slashed should not get compensation from the public purse, actuaries say.

RAISING Standards of Trustee Education has launched a website to provide trustees with practical information and guidelines.

SWITZERLAND - Credit Suisse's asset management compensation expenses were higher in the second quarter of 2008 than the same time last year, despite a 44% fall in revenues, the bank's report has revealed.

GERMANY - The Royal Bank of Scotland and German insurer Ergo have launched a pension liability service for corporates, ahead of the introduction of new accounting rules next year.

TOWERS PERRIN has set up a capital markets subsidiary to advise schemes on risk transfer and management.

NEARLY nine-tenths of pension schemes are complying with regulations on member nominated trustees, latest Trades Union Congress research reveals.