Barnett Waddingham has launched a bid to buy up clients who have been ‘orphaned' by providers and advisers who have left the market since A-Day in 2006.
UK - The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m ($933m) in 2011/12.
The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m in 2011/12.
Each month DC World asks readers for their views. This month we ask: The Investment Governance Group has published its guidelines. Are these to be welcomed and what difference do you think this will make to pension schemes?
UK - The deficit of the Local Government Pension Scheme has more than doubled to £100bn ($156.5bn) since the scheme's last triennial valuation, a study shows.
The deficit of the Local Government Pension Scheme has more than doubled to £100bn since the scheme's last triennial valuation, a study shows.
The first two monetary penalties imposed for breaching the Data Protection Act 1998 should provide a wake-up call for pension schemes, industry experts say.
The future of enhanced transfer value exercises has been secured after the government abandoned plans to ban transfers from contracted out defined benefit schemes.
The future of enhanced transfer value exercises has been secured after the government abandoned plans to ban transfers from contracted out defined benefit schemes.
Individuals who exceed the annual allowance may be allowed to meet the tax charges from their pension benefits, a Treasury consultation paper says.