Uncategorised

INDEPENDENT trustees have been left frustrated and affronted by new HM Revenue and Customs money laundering regulations, lawyers say.

MEASURES to increase the level of payments by the Financial Assistance Scheme are to be fast-tracked, minister for pensions reform Mike O'Brien announced today.

THE National Association of Pension Funds has launched a toolkit in a bid to help trustees assess the performance of investment consultancies.

PERSONAL accounts will fail unless contribution rates and management charges are increased, T Rowe Price warns.

THREE firefighters will take their pensions battle against the government to the High Court today.

THE Universities Superannuation Scheme has bought the freehold interest in the Eden Walk shopping centre in Kingston upon Thames.

BARNETT Waddingham has bought Garvins, a Birmingham based actuarial firm, for an undisclosed sum.

THE charging structure of personal accounts must be "proportionate, transparent and fair" if the scheme is to be accepted by the public, the Personal Accounts Delivery Authority says.

THE £1.2bn North Yorkshire Pension Fund has appointed AllenbridgeEPIC Investment Advisers to provide it with independent professional advisory services on governance and compliance.

PENSION scheme surpluses have rose to an all time high of £21bn at the end of February, latest research from Aon Consulting reveals.