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New ethical funds

Scheme members who take tax-free lump sums and reinvest them in an unsecured pension could face a tax charge of 70pc, Scottish Equitable warns.

Fledgling bulk annuity specialist Paternoster is outsourcing a range of services to Jardine Lloyd Thompson which may subsequently run them from India.

DTI has not overlooked group personal schemes

The Pensions Regulator refused just two clearance applications in its first year, its first annual report reveals.

Legal & General has launched a trustee investment plan (TIP) which gives schemes a choice of over 250 funds from 40 fund managers.

DEPUTY prime minister John Prescott's pay and perks over the past 20 months exceeded Financial Assistance Scheme payouts to wind-up victims, Liberal Democrats claim.

TRUSTEES may have jeopardised their schemes' funding by using the so-called "Barber window" to tackle age equalisation issues, a lawyer warns.

A CONSULTATION on new early retirement arrangements for National Heath Service staff has been launched.

MEMBERS of defined benefit schemes are in for a shock when trustees issue their first summary funding statement in September, Aon Consulting claims.