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THE government has launched a £12m generic financial advice pilot scheme following the publication of the final report of the Thoresen Review today

SWITZERLAND - The majority of Swiss pension schemes failed to meet the 2.5% minimum guaranteed interest rate last year, exposing flaws in the Swiss system, according to Watson Wyatt.

THE presidents of both the Faculty and Institute of Actuaries have urged members to back plans to merge the two bodies.

AEGON has changed the name of its cross-border pension business for multinational companies to Aegon Global Pensions.

SCOTTISH WIDOWS has added a drawdown feature to its self-invested personal pension alternative retirement account.

AN independent evaluation of the government sponsored Pension Education Fund is due to be published this spring.

THE Association of British Insurers and National Association of Pension Funds have updates their joint statement on executive contracts.

Workers at Aerospace giant Goodrich have reached an agreement with bosses after holding a one-day strike over pensions.

CHRYSALIS GROUP has appointed Paternoster to administer its defined benefit pension schemes.

HORNBUCKLE MITCHELL has been awarded a five star rating for its unique Flexible Income Pension Plan launched earlier this year.