News

Prudential has launched a set of multi-asset funds for corporate pension schemes and changed its default lifestyle strategies following the April pension freedoms.

A fifth of employers want the next government to merge income tax and National Insurance (NI).

The number of employees working for UK parent companies abroad has increased 13%, according to official statistics.

Insurers are being warned by the European Court of Justice (ECJ) that they must ensure consumers are able to understand the economic consequences of the policy being taken out.

The Pensions Ombudsman (PO) Tony King has ordered Prudential to provide a transfer request to a member wishing to move his funds into a newly-created pension scheme.

An initiative has been launched to check pension schemes are fulfilling legal duties to protect investments from financial risks posed by climate change.

Lay people will struggle to use Pension wise without having additional support according to Aon Hewitt client relationship manager David Pharo.

Schemes should look to US floating rate loans, high yield and municipal bonds for higher returns in the flattened yield curve environment, according to Eaton Vance.

The Financial Reporting Council has launched a consultation on amendments to accounting standard FRS102 in a bid to simplify rules surrounding share and share option awards for smaller firms.

Ros Altmann is to be nominated as a Conservative peer and will be made a minister with responsibility for consumer protection if the party wins next month's general election.