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SCHEMES could soon be able to hedge their longevity risks following the launch of the world's first longevity index by JPMorgan.

Financial services giant Aviva is to outsource the administration of almost three million of its Norwich Union life and pension policies to Swiss Re.

Around 70pc of people do not trust the government's pension reforms, a survey by financial services firm MetLife shows.

THE government has confirmed it is considering a rethink on its decision to place a £5000 contribution cap on personal accounts.

SCHEME deficits fell by £11bn over the past week as global financial markets recovered, Aon Consulting says.

A-Day changes have led to a growing demand for "top hat" group pension schemes for senior executives, an independent financial adviser claims.

Online lending firm Zopa is putting the finishing touches on a number of deals that will allow savers to lend money through self-invested personal pensions.

COMPANY use of contingent assets to meet their pension funding commitments will double by 2008, PricewaterhouseCoopers says.

AEGON Scottish Equitable has added four new charging options to its group personal pension range.

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