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The government is being too relaxed about the problem of means-testing on personal accounts, the Society of Pension Consultants warns.

SCHEMES should submit claims for VAT refunds now to avoid missing out on part of a potentially massive HM Revenue & Customs refund, tax advisers urge.

Defined benefit scheme sponsors will use the move into surplus to remove risk and are actively trying to hedge longevity exposure, Aon Consulting claims.

CAR manufacturer Vauxhall is keeping its final salary pension scheme open to new entrants in a bid to boost staff morale.

IFA retirement plans

CUMBRIA Local Government Pension Scheme is revamping its investment portfolio after making its first move into alternatives.

Life and pension groups Friends Provident and Resolution are in "advanced discussions" over a possible merger that would create Britain's fourth biggest life insurer.

Pension funds will be able to invest in property authorised investment funds without suffering a tax penalty, HM Treasury has revealed.

A hedge fund-backed bulk annuity provider which is targeting £10bn of larger scheme liabilities is set to launch in the autumn, Professional Pensions can reveal.

PENSIONS minister Mike O'Brien has accused the Conservatives of misleading scheme wind-up victims by blaming the government for the collapse of the "ill thought out" lifeboat fund proposal.