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PETER HAIN has quit as work and pension secretary after the Electoral Commission decided to refer the matter of £103,000 of donations to his deputy leader campaign to the police.

Imminent changes to ill-health pension requirements under the Local Government Pension Scheme could lead to more lawsuits from dissatisfied members, a lawyer warns.

The Royal Bank of Scotland Group Pension Fund has received 68 applications for four member-nominated trustee posts.

Aegon and Zurich have taken minority stakes in Seven Investment Management, which has become the first platform provider to gain London Stock Exchange membership.

Pension schemes suffered the largest ever single daily increase in FRS17 deficits on Monday as global stock markets plunged, consulting firms calculate.

It's the start of a new year so time to make predictions. My forecast is that most of us will be...

Irish pension funds lost e4bn (£3bn) in the first two weeks of this year - as much as they did throughout 2007, Mercer says.

Mercer in consultacy role

Oil giant BP is taking a pension scheme contribution holiday this year after actuaries confirmed its final salary fund is in surplus.

Salaries in the financial services sector rose by an average of 4.2pc in 2007, a new report shows.