News

Chancellor George Osborne's 2014 Budget announcement that people could cash in their defined contribution (DC) pots has boosted the popularity of the Conservative party, according to research.

The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.

Regardless of who is in power after the general election, higher earners are going to see their pension contributions taxed more heavily, according to analysis.

Just one in five large Career Average Revalued Earnings (CARE) schemes remains open to new members according to research from Barnett Waddingham.

Prudential has revealed who will join independent chairman Lawrence Churchill on its independent governance committee (IGC).

Tesco has agreed to pay £270m in cash each year to plug the £3.9bn deficit of its defined benefit (DB) pension scheme.

Catrina Holme has been appointed non-executive director of Mercer's UK board.

A third of people who have already purchased an annuity intend to keep it despite government promises they can sell their right to the income for cash, according to a poll of 1,800 retirees.

Employers are already fielding enquiries from staff about transferring their defined benefit (DB) pension to a defined contribution (DC) savings scheme.

The vast majority of parents will be better off using childcare vouchers than the coalition's Tax-Free Childcare.