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UKSIF outlines priorities

SACRIFICING income from a final salary pension in return for a tax-free lump sum is one of the "worst financial decisions" people can make, Standard Life warns.

INVESTORS could face greater risks in five years in the wake of the government's "relatively unambitious" climate change strategy, experts say.

SCHRODER Investment Man-agement's decision to scrap its custody service has been criticised as a "back door" increase in scheme fees.

MEDIATION talks between a scheme sponsor and trustees should remain "off the record", the High Court has ruled.

MANY smaller schemes missed A-Day deadlines because HM Revenue & Customs was too slow in putting out regulations, PP has been told.

A THIRD of trustees and managers fear a National Pension Savings Scheme will lead to a levelling down of contributions or trigger scheme closures, a new study shows.

ENGINEERING firm Invensys has agreed a definitive future funding plan with trustees to clear its main scheme's £325m shortfall over nine years.

UNION members at Aer Lingus warned they will strike in a few weeks if their concerns over pensions following privatisation are not resolved.

NEW TAX changes that introduce more flexible pension products will mitigate the strong increase in projected demand for annuities, latest research finds.