News

Volumes of buy-ins and buy-outs exceeded £11bn for 2015 according to Lane Clark & Peacock (LCP).

The government has rejected calls for more help for women hit particularly hard by state pension equalisation, despite a backbench motion calling for transitional arrangements receiving unanimous backing in parliament.

The Appeal Court in Scotland has struck down a challenge to pension fund rules which could have made administrating complex schemes more difficult.

Changes to workplace pensions are seen by independent financial advisers (IFAs) as their key growth opportunities for 2016 according to Aviva.

The pensions ombudsman has dismissed a complaint from a scheme member who claimed that he was being illegally "harassed" by his pension scheme's administrator, Mercer.

Almost half of those opting for income drawdown in retirement have done so without seeking advice, new data from the Financial Conduct Authority (FCA) has shown.

Just one in three people accessing their pension pots last summer used them to provide some kind of retirement income, according to figures from the Financial Conduct Authority.

The FTSE 100 was down 3% this morning to 5,913, after turmoil in China overnight saw trading suspended after just 30 minutes.

M&G Investments and Ignis Asset Management saw the biggest outflows last year while Neil Woodford's fund house and BlackRock pulled in the most investments, according to Morningstar.

The Pensions Regulator (TPR) has warned that some smaller employers will fall foul of auto-enrolment regulations because they are not giving themselves enough time to prepare.