News

Andy O'Regan has been appointed executive scheme manager by the Pensions Trust.

Pension members are at risk of receiving "unscrupulous" advice on defined benefit (DB) to defined contribution (DC) transfers in light of incoming reforms, warn actuaries.

UK workers need to save at least 15% of income if they are to achieve a comfortable retirement according to Lord Hutton.

The next government should establish an independent pensions commission as soon as possible after the May general election, MPs have urged today.

The Pensions Administration Standards Association (PASA) is forming a Guaranteed Minimum Pensions (GMP) working group in response to the end of contracting out in 2016.

The Association of Member Nominated Trustees (AMNT) has launched an initiative to give schemes more control over the companies they invest in.

Increased consumer choice under pensions freedom coupled with greater potential fraud risk has increased the argument for a single pensions regulator, MPs have said.

Providers have said a charge cap on income drawdown, as proposed by Labour leader Ed Miliband, is "unnecessary" and a "solution to a problem that does not even exist".

Providers who have cut drawdown charges in the run-up to April 6 to "grab market share" will revisit their decisions in the months to come, suggested LV=.

Insurer Prudential's chief executive Tidjane Thiam is to replace Brady Dougan at the helm of Swiss bank Credit Suisse.