News

Forcing product providers to reveal how their annuity quotes compare with competitors and developing a one-stop pensions 'dashboard' for retirees are two of several changes proposed by the Financial Conduct Authority (FCA) following its wide-ranging review...

Annuity providers need to make significant improvements to the quality of their written and telephone communications if customer outcomes are to be improved according to the FCA's Thematic Review.

Carers who stay in their employer's home and ministers of religion are being excluded from the removal of the £8,500 benefits in kind (BiK) cap.

The government has highlighted a lack of demand from businesses as one of the main reasons for not introducing an employee shareholding vehicle.

The MacDermid Canning Pension Scheme has bought out its 670-member scheme using Aon Hewitt's implemented annuities service.

A Canadian judge has rejected attempts by trustees of the Nortel pension scheme to claim more than £1bn from the scheme sponsor's insolvent parent company.

Margaret Snowdon has been re-elected as chairwoman of the The Pensions Administration Standards Association (PASA).

A review into Australia's superannuation system has recommended trustees should pre-select a "comprehensive income product" to provide members with longevity protection and a stable income stream in retirement.

Pension schemes are missing out on savings by failing to embrace technology, according to research from Barnett Waddingham.

An Employment Appeal Tribunal (EAT) ruling may open the floodgates for employees to carry over holiday allowance where they are unable to take annual leave for reasons beyond their control.