News

The government has extended a payment scheme for Equitable Life policy holders to mid-2015 and is due to launch an advertising campaign to encourage more policyholders to come forward.

Half of people over the age of 55 would advise their younger selves to save more on a monthly basis for retirement if they could travel back in time, according to an insurer.

Private sector contractors will be able to participate in existing schemes when receiving staff from the public sector, HM Treasury guidance confirms.

The latest figures from the Pension Protection Fund (PPF) show a minor rise in defined benefit (DB) deficits after months of continuous reductions.

The executive search company Flint Hyde has named Leo Meggitt as head of its pension practice following a staff reshuffle.

The Superannuation Arrangements of the University of London (SAUL) has hired Payden & Rygel (P&R) to run its £80m absolute return bond mandate as it continues to diversify away from equities.

Pension Insurance Corporation (PIC) is weighing up a £1.2bn flotation to raise fresh capital to support its rapid growth, according to reports in The Daily Telegraph.

The Pension Protection Fund (PPF) has appointed 23 firms to its restructured legal panel and named a "core panel" of three which will provide the majority of its legal advice.

The Association of Member Directed Pension Schemes (AMPS) has added Barnett Waddingham's compliance officer Zoe Smith to its committee.

Independent Trustee Services (ITS) has appointed Darren Jefferson to the newly-created role of operations manager as it grows its business.