Uncategorised

PEARL Group's acquisition of Resolution is expected to be completed by February 2008, shareholder documentation shows.

PRIME MINISTER Gordon Brown is "confident" that he will be able to guarantee 90pc of the pensions of the 125,000 people who lost their retirement funds when their schemes collapsed.

THE PENSIONS REGULATOR has launched a new web-based scheme return process in a bid to make it easier for schemes to provide it with the correct information.

ASSOCIATED British Engineering is in negotiations with the trustees of its pension fund to conclude a settlement over the sections of the fund that are in wind up.

PENSIONSFIRST has launched a series of scheme-specific bonds to neutralise pension fund risks as an alternative to buyout.

THE PRIME minister and chancellor are blocking department for work and pensions' attempts to rescue 120,000 victims of wound-up pension schemes, the Pensions Action Group claims.

DEFINED benefit pension schemes have fallen back into a aggregate deficit of £5bn after recording an overall surplus in October.

THE GOVERNMENT has gone out to consultation on draft regulations which will allow self invested personal pension schemes to hold protected rights.

THE CREDIT crisis is delaying the execution of derivatives-based liability hedging strategies for pension funds, Watson Wyatt warns.

The Pension Protection Fund has rejected claims it "moved the goalposts" by raising the cut-off point for schemes paying its risk-based levy.