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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.

PEOPLE must stop relying on property assets to fund their retirement, Friends Provident urge.

INDEPENDENT trustee firms could form an alliance to challenge HM Revenue & Customs over VAT charges, a law firm says.

AN online service to raise the standard of trustee board performance has been launched by Muse Advisory.

MINISTERS and regulators were "passive, reactive and complacent" in dealing with the collapse of Equitable Life, a report by the parliamentary ombudsman concludes.

COMBINING an annual management charge and a contribution charge will bring sustainability to personal accounts, Aegon says.

BBC Resources workers have accepted a revised pensions and pay deal, the Broadcasting Entertainment Cinematography and Theatre Union announced.

MORE than one million people who lost money when Equitable Life collapsed have been warned that compensation claims could take over a decade.

FINANCIAL education, simplified products and great incentives to save are necessary to encourage saving in the UK, Scottish Widows says.