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UNION members demonstrated today over fears that pensions may not be safe following the merger of the AA and Saga.

TRUSTEES and non-executive directors are concerned over how actuaries deal with mortality assumptions, a report by the influential Actuarial Stakeholder Interests Working Group published today reveals.

PEERS have voted through an amendment to the Pensions Bill allowing people to buy back up to nine years of "lost" national insurance contributions at retirement.

NEARLY two-thirds of pension schemes cite regulation as one of their top three concerns, an online poll by the National Association of Pension Funds reveals.

PARTIAL or full buyouts are the least popular options for trustees and sponsoring employers to tackle scheme problems, research by Gissings shows.

OTTO THORESEN has outlined some of the concepts currently being considered in his review of generic financial advice.

Trade union officials have attacked hygiene group Lil-Lets over plans to slash pension benefits by up to 30pc.

Diverging UK and US interest rates are creating a "golden opportunity" for hedging plays for managers of sterling funds, Managing Partners claims.

THE BANK of New York Company and Mellon Financial Corporation have formally completed their merger forming The Bank of New York Mellon Corporation.

Scottish Life has appointed a new head of investment marketing to promote the firm's overall investment proposition.