Uncategorised

Retirement dreams fade

Stripping insurers of their right to sell annuities at the end of a policy term would force retirees to shop around, experts claim.

A LANDMARK court case could "significantly change" the way money is shared between members of schemes in wind-up, actuaries believe.

A HANDFUL of schemes could avoid the Pension Protection Fund's risk-based levy if new actuarial assumptions are adopted, actuaries say.

Pensioners hit hardest

PENSIONS reform minister James Purnell is reviewing administration of the Financial Assistance Scheme in a bid to speed up payments.

Self-invested personal pension plan holders are losing out because few providers offer a decent rate on cash, Investec claims.

BT trustees are considering waging a legal battle with the government over the scheme's crown guarantee.

TWO FTSE100 companies are reconsidering their benefit provisions following a proposal to link share schemes to pensions.

ABN AMRO has launched a new tactical asset allocation fund for institutional investors.