News

HSBC Global Asset Management has introduced a range of cost-efficient retirement funds for the defined contribution (DC) pension marketplace.

Taylor Wimpey has cut annual deficit recovery contributions by £30m after completing a raft of liability management exercises including a £206m medically underwritten buy-in.

The Financial Conduct Authority (FCA) is proposing changes to its rules that would require all pension transfer advice to be verified by a qualified specialist.

Legal and General (L&G) has launched two retirement income products to help meet demand created by freedom and choice from 6 April.

Abbiss Cadres has appointed Gary Cullen to the newly created role of pensions partner as the firm expands into pensions and immigration.

The Pension Schemes Bill has received Royal Assent to become official legislation ahead of freedom and choice taking effect from 6 April.

The British Coal Staff Superannuation Scheme has axed surplus sharing arrangements and standstill while introducing annual pension increases for members.

A flat rate of 33% pensions tax relief could save the Treasury between £1.7bn and £2.2bn a year, according to the Pensions Policy Institute (PPI).

The next government cannot afford to wait until 2017 to review minimum auto-enrolment contributions, according to pensions minister Steve Webb.

Kate Hollis has been appointed to Tower Watson's credit research team.