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Updated LGPS guide

TRUSTEES of the House of Fraser scheme have sanctioned the sale of the retail chain to business consortium Highland after striking a deal over pensions.

Law firm Wragge & Co's head of international, Christopher Hughes, has been appointed as senior independent director at the Pension Protection Fund.

INSTITUTIONAL investors should scrutinise companies' staff turnover and training programmes to get a better understanding of how firms are performing, Henderson Global Investors says.

PENSIONS reform minister James Purnell paid a visit to the Union of Shop, Distributive and Allied Workers' head office to discuss combined pension forecasts.

SALES of life and pensions products hit record levels in the second quarter of 2006, says the Association of British Insurers.

Youngsters who have just celebrated A-level passes and are now preparing to go to university are unlikely to be thinking too much about their pensions. But if they did, they might question whether the next few years' effort is really going to be worth...

SCHEMES will get a unique 11-digit identification number when the Pension Protection Fund issues levy invoices next month.

FRIENDS Provident has teamed up with the Life Academy to provide an educational website to help scheme members plan for their retirement.

SCHEMES should use hedge funds if they want exposure to commodities, a new report claims.