L&G

Andrew Short looks at how trustees can get the best outcome

UK - Pension fund property manager Legal & General Property has restructured its senior management team by appointing a new director to oversee its range of funds.

Marks & Spencer is set to replace its current pension scheme with a ‘bundled mastertrust' called Your M&S Pension Savings Plan in preparation for 2012.

Defined benefit scheme closures driven by the end of the contracting out is a price worth paying to ensure a simple single tier state pension, a leading commentator says.

The National Employment Savings Trust today unveiled its panel of recommended retirement income providers.

An independent financial adviser has reported Legal & General to the Financial Services Authority for mis-representing the past performance of its High Income Trust by smoothing out volatile price movements.

Legal & General has launched a regular contribution corporate cash ISA.

UK - Projected costs of enforcing the auto-enrolment regime were redacted from the Making Auto-enrolment Work Review but are substantial, delegates heard.

Projected costs of enforcing the auto-enrolment regime were redacted from the Making Auto-enrolment Work Review but are substantial, delegates heard.

Pension experts have broadly welcomed Treasury plans to consult on allowing access to 25% of pension savings tax free before retirement but warn the new rules must be kept as simple as possible.