News

Scientific and mathematical consultancy Quintessa is leading the way in switching to full employee ownership under the new tax regime for employee ownership trusts.

Annuities should continue to play an important role in retirement planning and free guidance, according to research published today by the International Longevity Centre (ILC).

Three quarters of advisers say clients are considering blended pension solutions as a result of the Budget retirement income reforms, according to a poll from LV=.

The Institute and Faculty of Actuaries (IFoA) and the Financial Reporting Council (FRC) have outlined how actuarial regulation will be divided between the two bodies.

Harmonising pension policy on a European Union (EU) level is unlikely to work due to a lack of demand for cross-border schemes, according to a Treasury report, published yesterday.

The economy topped its pre-crisis peak after growing 0.8% in the second quarter, according to an estimate from the Office for National Statistics (ONS).

The Association of Corporate Trustees (TACT) has appointed Mark Homer as chairman of its pensions committee.

Independent trustee firm Capital Cranfield has named Neil McPherson as managing director from August.

The Philips Pension Fund has insured a further £300m of pensioner liabilities following on from a £484m buy-in it completed last year.

Annuities will continue to be a substantial part of the at-retirement market in ten years' time, albeit smaller, according to new research by Towers Watson.