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Customer satisfaction with insurance companies is high - but firms have been warned there is no room for complacency.

INCOME from occupational pension schemes is falling while the number of pensioners living in severe poverty is on the rise, government statistics show.

Ministers are considering possible cuts in accrued benefits despite changes being ruled out in the department for work and pensions' deregulatory review, Scottish Life claims.

BESTRUSTEES has appointed Penny Green to its team of independent trustees.

Some FTSE100 schemes should consider a full or partial buyout to ensure any surplus is not "just a flash in the pan", a leading consultant claims.

Pension funds need more clarity on whether income from investment in swaps will be taxed, the Investment Management Association says.

Institutional investment is becoming more fragmented as specialist firms from the retail sector are successfully bidding for large mandates, new figures reveal.

Barclays Bank has agreed to boost pensions for staff at a subsidiary who are being transferred to a firm without a final salary scheme.

A year ago, scheme surpluses seemed little more than wishful thinking. In the past few months they have become a distinct possibility. And now they are very much a reality.

THE COST of teachers' pensions has increased by around £38bn in the last year alone, according to government estimates.