Uncategorised

Aon Consulting has launched a specialist trustee service to provide dedicated support for covenant assessments of sponsoring employers.

Pension Protection Fund proposals to raise the cut-off point for schemes paying the risk-based levy are unfair and penalise better-funded schemes, a consultant claims.

New calls for an independent pensions commission to ensure consensus around long-term goals have been made by the Pensions Policy Institute.

Scheme wind-ups will be delayed if new criteria on guaranteed minimum pension equalisation are adopted by the Pension Protection Fund, an independent trustee warns.

Final salary schemes continued to move away from equities last year as further diversification of asset allocation took place, the National Association of Pension Funds says.

Pensions secretary Peter Hain was guilty of "incompetence" after failing to declare large sums of money which funded his deputy Labour leadership campaign, the prime minister said last night.

Parmenion Capital Partners has launched the Consolidation Small Self Administered Scheme following a joint venture with Premier Pension Services.

The self-invested personal pension market grew by more than a quarter to exceed £50bn in 2007, Suffolk Life believes.

A Flexible Income Pension Plan giving retirees taking their pension through income drawdown the ability to tailor benefits more closely to their own circumstances has been launched by Hornbuckle Mitchell.

LEGAL & GENERAL has reported an 8pc increase in UK life and pensions business to £1.16bn.