News

The Financial Reporting Council has published a consultation paper proposing to allow providers to create more personalised statutory money purchase illustrations (SMPIs).

Minutes from the US Federal Reserve's October committee meeting have helped push Japanese stocks higher after the central bank hinted at slowing its asset purchase programme.

The government should stop "banging on" about defined ambition (DA) and let the pensions industry focus on applying defined benefit (DB) investment strategies to defined contribution (DC) schemes, says Lord Hutton.

UK pension funds are not as advanced in diversifying their allocations to real estate compared to their peers in Europe, North America and Australia, experts say.

A £250,000 fine issued by the Information Commissioners Office (ICO) on the Scottish Borders Council (SBC) over a pensions data breach has been overturned.

Basel III is encouraging financial services companies to consider defined benefit (DB) scheme buyouts and buy-ins to move liabilities off their balance sheets, experts say.

There will be "very little sympathy" for trustees whose schemes are not compliant with the Defined Contribution (DC) Code of Conduct when it comes into force, The Pensions Regulator (TPR) warns.

Legal changes may be required to stop the "shockingly large" volume of transfers to pension liberation schemes, a lawyer warns.

Shadow pensions minister Gregg McClymont has attacked the government's consultation on scheme charges as too short and "phoney".

Women expect to receive an average of £3,000 less in joint retirement income than men, according to research from Prudential.