ABI

The Association of British Insurers has slammed a report attacking UK pension charges by leading scheme manager David Pitt Watson as "misleading" and "false".

The UK Stewardship Code will increase collective engagement by pension funds and give institutional investors more oversight in the boardroom, say Legal & General Investment Management.

The coalition was right to heed warning about the potential impact of an annual allowance as low as £30,000, trade bodies say.

A group of UK financial trade associations has published guidance to help pension fund trustees better understand the securities lending market.

Have you missed the biggest stories in pensions this week? Find out below, as we list the top ten most popular stories on www.professionalpensions.com over the past seven days (27 August - 2 September).

The Confederation of British Industry will back proposals to adopt an annual allowance in its response to the Treasury consultation on higher rate tax relief, PP can reveal.

The coalition government has issued an ultimatum to the Association of British Insurers over its opposition to the open market option, PP understands.

The Pensions Regulator has appointed Nigel Peaple as head of corporate and international affairs.

Aviva Investors chief executive Alain Dromer has been named the next Association of British Insurers investment committee chairman.

UK - The shape of changes to the pension taxation system should be confirmed by the end of September, a Treasury consultation paper says.