Conflicting advice on longevity assumptions is leaving trustees and pension managers in a quandary, Punter Southall warns.
Trustees who fail to record why members are refused incapacity pensions are guilty of maladministration, the deputy pensions ombudsman has decided.
AON CONSULTING has launched an annuity finder in a bid to help members of occupational schemes select the right option at retirement.
THE BAA pension scheme is to use governance software provider eShare's 2008 platform to increase transparency to its board of trustees.
RETIRED people in the UK lose around £52.9m each year by choosing the wrong annuity provider and failing to plan ahead, The Annuity Bureau says.
BT faces industrial action should it not gain member approval over pension scheme changes, the Communication Workers Union warns.
ROYAL MAIL faces fresh strike action unless it reverses changes to its pension scheme, the Communication Workers Union says.
Latest government statistics underline how more people in the UK are continuing to save for retirement after reaching state pension age, Watson Wyatt says.
More than three quarters of pensioners with private or company pension schemes are taking lump sums out of their pension pots, Prudential research reveals.
Educational charity Life Academy has been working with employers, trade bodies and unions to provide information and guidance to employees over 50.