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Governance seminar

THE ASSOCIATION of British Insurers has unveiled plans to overhaul its life and pension fund sector definitions.

More than five million adults believe they will never be able to afford to retire, research from Prudential claims.

Capita Hartshead has launched an integrated pensions management service that combines actuarial, consultancy and administration services at a fixed price.

The European parliament has backed a report calling on the UK government to compensate victims of Equitable Life's near collapse seven years ago.

Disabled workers have been assured their final salary pensions will be safe if Remploy's proposed package of factory closures goes ahead.

COMPANIES are refusing to sign-off "unacceptable" funding agreements with "recklessly prudent" trustees, Professional Pensions can reveal.

THE cost of increasing Financial Assistance Scheme payments to Pension Protection Fund levels would be around £2.5bn, the government has said.

Boots Pension Scheme trustees have finally thrashed out a £1bn funding and security deal with the company's new private equity owners, Kohlberg Kravis Roberts.

ALMOST three-quarters of trustees believe increased responsibility has put people off the role, research by accountant Baker Tilly shows.