News

This week we want your views on the Financial Conduct Authority's (FCA) annuity market review. We also want to know if annuities should come with a cooling off period and whether trustees are getting their priorities wrong.

The UK inflation rate dropped to 1.9% in January, marking the first time it has fallen below the Bank of England's target of 2% since November 2009.

Morgan Stanley Alternative Investment Partners (AIP) has made nine promotions after assets under management (AUM) grew from $29.2bn (£17.5bn) to $33.72bn over 2013.

Aries Pension and Insurance Systems has appointed Helen Sudell as a technical consultant.

Aviva is allowing all employees within an organisation with a group income protection (GIP) policy to access its Employee Assistance programme (EAP).

Legislation to establish the necessary changes for defined ambition (DA) is expected to reach Parliament in 2015.

Retirees could be given the chance to switch annuity providers during a one-year ‘cooling off period' after agreeing a contract, pensions minister Steve Webb says.

The Pensions Regulator's (TPR) defined benefit (DB) code of practice has been dismissed as ‘500 pages of garbage' by BESTrutees chairman and former non-executive director at the watchdog Alan Pickering.

The number of workers without access to workplace benefits has dropped by around one million over the last 12 months, according to research.

Annual increases in the amount of money that workers can save in all-employee share schemes should be linked to inflation, says a share scheme lobby group.