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PEOPLE who retire now can expect better annuity rates than those who retired at the end of last year, figures show.

Shopworkers' union Usdaw is seeking talks with Kohlberg Kravis Roberts amid concerns over the security of jobs and pensions if it buys Alliance Boots.

The 30th anniversary edition of Pension Funds and their Advisers - known throughout the industry as The Blue Book - has been launched by AP Information Services.

THE ASCENTRIC Wrap platform has increased the number of available funds following demand from independent financial advisors.

THE PENSIONS Management Institute has launched an online TV channel in a bid to boost its range of services to members.

CONSERVATIVE leader David Cameron has urged the government to speed up compensation payments under the Financial Assistance Scheme.

Legal & General executive director Robin Phipps is to retire later this year.

VARIABLE annuities will be highly successful in the UK but they will not "transform the retirement market", a Watson Wyatt debating forum decided.

Simple steps can prevent increased longevity leading to a crisis in pension provision, former pensions commission chairman Lord Turner says.

SKANDIA, the subsidiary of Old Mutual, is set to merge its Skandia Life, Skandia MultiFunds and Selestia businesses in a bid to make its offering to financial advisers more understandable.