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ANNUITIES are becoming less acceptable to consumers while demand for income drawdown continues to grow, according to research from Skandia.

SCHEMES saw surpluses fall by over £48bn during July, latest figures from the Pension Protection Fund reveal.

TRUSTEES are not assessing asset allocations regularly enough, BlackRock claims.

AXA subsidiary Thinc Group has taken over employee benefits consultancy PIFC Consulting.

LV= is increasing the size of its national account management team in a bid to expand its presence in the intermediary market.

FOR every £1 a private sector worker contributes to their pension they pay 91p in tax towards a public sector employee's pension, research from the Liberal Democrats reveals.

Scheme liability valuations can vary by up to 10pc because outdated discount rating methods are being used, PricewaterhouseCoopers claims.

THE London Borough of Waltham Forest Pension Fund is coming to the end of a complete restructure.

FOUR out of five trustees think they should be dedicating more time to their defined contribution pension plan.

Rating specialist Dun & Bradstreet will have to re-tender to retain its role as the Pension Protection Fund's risk score provider.