Uncategorised

THE PENSION Protection Fund has announced the resignation of its director of compensation Alan Duncan.

THE PENSIONS Action Group is to hold a protest outside Parliament on Wednesday to coincide with Gordon Brown's final budget.

SMOKERS quitting the habit will cost defined benefit pension schemes £20bn, research by PricewaterhouseCoopers reveals.

TRUSTEES must do more to protect members who are offered cash inducements to leave schemes, The Pensions Advisory Service says.

PRUDENTIAL is set to buy Equitable Life's £1.8bn portfolio of in-force with-profits annuities.

THE GOVERNMENT has launched an appeal against last month's Pensions Action Group judicial review victory.

THE TRANSPORT and General Workers' Union has released its response to the Financial Services Authority discussion paper on private equity.

SCHEMES must dump short-term reward targets for managers if they are to properly match their liabilities and help tackle climate change, the National Association of Pension Funds investment conference has heard.

Hartford Life has launched a new pension plan which enables members to accumulate assets as well as generating an income.

PENSIONERS of the future could be drawing payments for as long as 60 years, new statistics reveal.