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St James's picks Capita

Abbey National has sold its small self-administered scheme business - James Hay Consultancy - to Rowanmoor Group for an undisclosed sum.

The Association of British Insurers has launched a campaign to raise public awareness of the need to save for a comfortable retirement.

THE PENSION Protection Fund has denied it plans to use Turner & Newall pension scheme assets to pay other members' benefits.

WORKERS want choice when deciding who administers their personal account under a new National Pension Savings Scheme, claims the Association of British Insurers.

AUTOMATIC enrolment into a system of personal accounts will tackle the culture of under-saving for retirement and be good news for consumers, says work and pensions secretary John Hutton.

A DEAL between the government and trades unions allowing existing public sector workers to retire at 60 should be scrapped, claims the Conservative Party.

GOVERNMENT has "shot itself in the foot" over changes to alternatively secured pensions, independent trustee and administration firm Hartley SAS claims.

OVER three-quarters of employers remain strongly committed to providing an occupational pension scheme, latest research by the Confederation of British Industry reveals.

INSURER Heath Lambert has pulled out of talks over its potential acquisition by rivals Jardine Lloyd Thompson.