News

Low-paid workers who are likely to opt-out of auto-enrolment could be offered a pensions lifeline via a little-known clause in the legislation that permits companies to offer employees schemes with lower savings requirements, Helm Godfrey says.

The introduction of gender neutral annuity pricing will lead to an increase in the number of people looking to buy individually underwritten annuities, LV= says.

Towers Watson is set to buy Oxford Investment Partners in a bid to expand its investment execution capabilities and strengthen its fiduciary management business.

Pensions minister Steve Webb has confirmed that women will be hit hardest when the auto-enrolment threshold is raised.

The government will consult on excluding local councillors from the local government pension scheme in a bid to save £7m per year.

The Department for Work and Pensions is to close a loophole in auto-enrolment legislation which would have allowed employers using the defined contribution sections of hybrid schemes to defer enrolling until 2017.

The Pensions Trust, which manages the occupational pension funds for 2,400 third sector organisations, has selected the provider to enhance its environmental, social and governance practices.

Pension Insurance Corporation founder Edmund Truell has been appointed as the chairman of the London Pensions Fund Authority.

The Department for Work and Pensions has launched a consultation on giving more flexibility to pension scheme members whose scheme enters the Pension Protection Fund.

Standard Life has won a legal appeal case brought by professional indemnity insurers over a £100m claim relating to losses arising from its Sterling fund.