News

The public remains confused about pension indexation almost two-years after the Chancellor reformed it, Aon Hewitt says.

Professional Pensions is set to publish its Guide to Scheme Investment in September.

A PPF update released today has shown an increase in scheme deficits from June to July this year, with the aggregate balance of schemes falling from -£267bn to -£283bn on the lifeboat funds' 7800 Index.

Employers expect a shift in their workforce's demographic profile due as a result of the abolition of the default retirement age, Jelf Employee Benefits says.

Share prices of firms with the biggest pension deficits relative to their size have significantly underperformed the market average in the last three years, says Morgan Stanley Research.

Punter Southall has moved its Edinburgh office to larger premises after doubling the size of its team in the last three years.

The Consumer Prices Index rate of inflation climbed to 2.6% last month, from 2.4% in June.

Operating profits at Standard Life UK rose by more than 60% in the first half of the year compared to the same period in 2011, driven by an increase in fee revenues and lower acquisition costs.

HMRC chief executive Lin Homer has announced the department will spend up to an extra £34m and recruit up to 1000 extra contact centre staff to achieve its target of answering 90% of calls.

Employers and HR professionals can now access free guidance on the implementation of the government's new pension saving rules.