News

Annuity margins at insurer Standard Life were down 59% in the first half of the year due to the sweeping changes to retirement income announced in the Budget, latest results show.

Do you understand what your scheme is paying?

The Bank of England has received mixed reaction to its paper on how pension schemes and insurance firms could contribute to procyclicality by amplifying asset price movements and destabilising the economy.

Just over a third of organisations are planning to review their employee benefit packages to ensure they are suitable for older workers, with half that number having already done so.

Grant Thornton has announced the appointment of Kevin Hollister as associate director within its pensions advisory business.

Barnett Waddingham has expanded its investment consultant team to 40 with the appointments of Rebecca Carse and Simon Cohen.

A think tank has called for Chancellor George Osborne to create a single "Lifetime ISA" by 2017, saying recent changes to ISAs are not enough to spark a savings culture.

Yesterday's ruling that two schemes sponsored by Arcadia can switch to consumer prices index (CPI) linking will make it harder for other trustees to resist such a change, warns a lawyer.

The industry wants Steve Webb to keep hold of the pensions brief after the general election, according to a poll conducted by PP.

Trustee boards are devoting insufficient time to administration issues despite identifying maladministration as the biggest risk they faced, according to research from Baker Tilly.