News

The revised Institutions for Occupational Retirement Provision (IORP) Directive is not intended to outlaw UK trustees or treat schemes like banks, according to the European Commission.

The government cannot rely on auto-enrolment (AE) in its current form to solve the pensions crisis, says the Pension Policy Institute (PPI).

Pension fund trustees are increasingly responsible for managing risk, but lack the skills to do, according to research by a pension consultancy.

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The Royal Bank of Scotland (RBS) has restructured its group benefits and pensions team and created an employee pensions manager role.

Greater demand for drawdown has helped compensate for significant losses in annuity broking business at Hargreaves Lansdown.

The Royal Bank of Scotland (RBS) has restructured its group pensions team and created an employee pensions manager role.

UK pensions would be better off regulated by a single body in the future, the pensions minister Steve Webb has said.

Over three-quarters (77%) of staff in the UK could not afford to meet their living costs if their income stopped tomorrow, research warns.

HM Revenue and Customs (HMRC) now has the power to refuse to register or to de-register a pension scheme on the grounds that the administrator is "not fit and proper".