News

MPs may be forced to debate a controversial plan to halt age-related tax allowances, in a move dubbed a ‘granny tax', after an online petition opposing it garnered almost 100,000 signatures.

Providers could save £74.6m a year by communicating all information with members online, under government proposals.

Hermes Equity Ownership Services has joined US pension funds in calling for the removal of JP Morgan Chase chief executive Jamie Dimon's dual role as chairman.

Premier Foods will use the consumer prices index to calculate benefits in its RHM Pension Scheme following a 66% spike in overall deficits, its 2012 results show.

BAE Systems has agreed a £3.2bn longevity swap to cover 31,000 pensioners, in the UK's largest pensions insurance transaction.

A decarbonisation target should be added to the government's Energy Bill, according to a coalition of investors, trade bodies and charities.

Decisions on local government pension scheme investment in tobacco cannot be driven by public policy concerns, industry figures have warned.

The Determinations Panel's "constantly evolving" powers will be thrust into the spotlight next week, as the Association of Pension Lawyers publishes detailed guidance on its procedures.

Schemes should start preparing for GMP equalisation as it could take years to fully implement, consultants warn.

Trustees should not take their statutory discharge for granted if errors and bad data exist during buyouts and transfer value exercises, lawyers warn.