Uncategorised

The number of schemes closed to new accruals is set to rise by 141pc over the next three years, latest research from Aon Consulting reveals.

THE Universities Superan-nuation Scheme has defended its heavy equity weighting amid claims by fund manager Lindsell Train that its exposure is an "animal-spirited punt".

Scheme sponsors are asking trustees to sign confidentiality agreements to prevent sensitive information getting into the public domain, accountants claim.

THE GOVERNMENT should focus on increasing consumer confidence in financial institutions rather than "bombarding" people with pension choice, an economist says.

The government's pension reforms will lead to a culture of under-saving and burden employers with significant costs, insurers warn.

The Conservatives want the government to carry out an immediate audit of unclaimed assets to help compensate scheme wind-up victims.

MORE than half of British workers are not saving enough for retirement, a report by Scottish Widows claims.

An increasing number of workers are considering quitting their final salary schemes because they are worried their employer might go bust, a conference heard.

SWITZERLAND - The federal department of home affairs will present its calculations for the lowering of the rate of conversion for occupational pensions by November this year.

THE RECORD number of people seeking pensions advice indicates growing concern and a "lack of confidence" in the system, experts believe.