The High Court has given trustees a "timely reminder" that schemes will be exposed to legal action unless member booklets accurately reflect deeds, lawyers warn.
ICI is to pump £230m into its pension fund following the sale of flavours and fragrance subsidiary Quest.
LIFE AND PENSIONS new business sales totalled £3.8bn in the third quarter, latest figures from the Association of British Insurers show.
THE GOVERNMENT has published proposals for the new-look Local Government Pension Scheme to take effect from April 1 2008.
ARGONAUT - the joint venture investment boutique between Resolution Asset Management, Barry Norris and Oliver Russ - has announced that it has raised £500m in 2006.
SWITZERLAND - The conversion coefficient for Swiss occupational pensions will be lowered to 6.4% by January 2011, the Swiss federal council has confirmed.
GOVERNMENT has allayed industry concerns that a national pensions savings scheme would compete with private pensions
Members face a "regulatory blackhole" if they accept incentives to leave a final salary scheme and move into a defined contribution plan, experts warn.
TRUSTEES must now abide by The Pensions Regulator's codes of practice governing the nomination and selection of member-nominated trustees and scheme internal controls.
GOVERNMENT support for the development of a simplified regulatory regime for risk sharing pension schemes would kick-start the growth of good workplace schemes, the Association of Consulting Actuaries says.