Uncategorised

THE nationalisation of Northern Rock is "excellent news" for its scheme trustees who faced a deficit of up to £200m, Punter Southall says.

SG HAMBROS BANK has launched a self-invested personal pension giving clients access to a wide range of private equity funds and structured products.

CHANGES in the corporate bond index have caused a ‘considerable but artificial' improvement of around £12bn in the way pension schemes look in FTSE 100 accounts.

AP Information Services has been sold to Waterlow Law & Regulatory for an undisclosed sum.

HORNBUCKLE MITCHELL delivered its fifth consecutive year of growth in 2007, latest company figures reveal.

THE Pension Protection Fund has increased the funding limits at which schemes pay a reduced levy from 104pc to 120pc.

THE Scottish government has unveiled a new-look local government pension scheme - which is claim could save taxpayers around £20m a year.

GERMANY - Allianz Global Investors Deutschland (AllianzGI) and the life insurer Allianz Lebensversicherungs-AG (Allianz Leben) have founded a joint subsidiary, to serve its corporate clients as a trustee for CTA models (contractual trust arrangements)....

PARLIAMENT will be responsible for the extinction of defined benefit type pension arrangements unless conditional indexing is included in the Pensions Bill, the Association of Consulting Actuaries warns.

NETWORK RAIL has launched a career average revalued earnings option for its 34,000 employees.