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The parliamentary ombudsman has released a special report condemning the government's "disappointing" response to her Equitable Life recommendations.

SWITZERLAND - Pre-tax profit at UBS's asset management division decreased to negative CHF59m (US$52.3m) from positive CHF236m at the end of 2008, according to the Swiss bank 2009 first quarter results.

The Hartford is set to close to new business in the UK in the coming months, the American insurer has announced.

Standard Life has posted a 27% decline in its UK life and pensions sales for the first quarter of the year.

Age Concern and Help the Aged has backed calls from the work and pensions select committee to scrap the national default retirement age.

The Longevity Science Advisory Panel has been established to look at factors that could affect future life expectancy.

Pensioners may not have sufficient income to meet all of their retirement needs, latest Pensions Policy Institute research reveals.

Friends Provident saw new group pensions business fall by 44% in the first three months of the year, an interim management statement published today reveals.

Alliance Boots could shut its final salary scheme to existing employees in a bid to be fairer to all staff.

Amendments to A-Day regulations threatening members' tax free cash on wind-up have still not been made two years after the government announced them, a consultant says.