Uncategorised

UK schemes could receive a refund of more than €1bn (£902m) following a legal challenge against the Dutch tax authorities by the Strathclyde Pension Fund.

Auto-enrolment into workplace pensions will benefit 95% of the working population and 70% can expect to get back twice what they put in, the government says.

Scottish Widows Investment Partnership has launched an online video-based learning programme for trustees.

Sales of enhanced annuities rose by almost a third in 2008, Watson Wyatt says.

The total deficit of FTSE 100 pension schemes would amount to around £100bn if liabilities were valued using "normal" levels of credit spreads, Pension Capital Strategies warns.

OIL giant Ineos has ended months of staff unrest by agreeing a revised set of pension changes with trade union Unite.

Less than 20% of employers believe they are currently getting full value from the money they spend on employees' pensions, research by Watson Wyatt reveals.

Taxpayers will have to find an extra £335bn over the next 50 years to fund gold-plated public sector pensions, a report claims.

Almost three-quarters of scheme managers believe government measures to make it easier to introduce shared risk pension schemes would be a welcome move.

Standard Life's UK life and pensions sales plummeted 25% in the final three months of 2008 as the financial crisis gripped the nation.