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Plans to set up a "lifeboat fund" for scheme wind-up victims have been blown out of the water by the government.

Pooled property funds outperformed both UK property equities and real estate investment trusts in the last three months, Investment Property Databank says.

Younger investors are taking an overly cautious approach to their top-up pension savings, Watson Wyatt warns.

The UK's top 100 companies have a pension surplus of around £4bn, latest figures from Pension Capital Strategies show.

Employers must find new ways to promote the value of pension schemes to employees, Profund claims.

Up to 10pc of people who rely on equity release to fund retirement could end up destitute, In Retirement Services has warned.

EDUCATIONAL charity Life Academy has appointed three new trustees - Penny Green, Alison Munro and Simon Baynes - to its board.

PENSION scheme trustees at J Sainsbury could face another battle to secure funding if a takeover bid for the supermarket giant goes ahead.

HYMANS ROBERTSON has launched a fund manager database and screening system in a bid to expand its research universe.

Third party administrator Portland Pensions has been acquired by employee benefits firm JLT Benefits Solutions.