News

Professional Pensions editor-in-chief Jonathan Stapleton talks to Pioneer Investments head of US credit Michael Temple about the outlook for the credit market.

Alistair Ross has been appointed head of public policy for Scotland, Wales and Northern Ireland by the Association of British Insurers (ABI).

Adrian Gordon has been made head of institutional at HSBC Global Asset Management UK, replacing Stuart White who has been promoted.

This week in pensions speculation was rife over tax relief reforms, the chancellor announced a cap on exit fees, and DB was set to vanish from the FTSE 250 within a year.

The National Employment Savings Trust (NEST) is consulting on proposed changes to its rules to bring them in line with new legislation and lifting of restrictions on the scheme.

Prudential has signalled its bulk annuity volumes will reduce as new regulatory capital buffers will make it harder to make the business profitable.

The Pension Protection Fund (PPF) has published refreshed guidance for restructuring and insolvency professionals (IP).

The North Yorkshire Pension Fund (NYPF) has confirmed it is joining the local government pension investment pool led by East Riding, Cumbria, and Surrey.

Consumers will save an extra £1bn in pension tax relief this year as more join workplace schemes, according to research from Prudential and unbiased.co.uk.

Citizens Advice has welcomed news that the Treasury will legislate to cap pension early exit charges levied on savers using pension freedoms.