News

As Bank of England governor Mervyn King approaches the end of his tenure, speculation is mounting over who will take the hot seat at the Bank of England when he steps down.

Council pension schemes costing £2,000 for every family in Britain; Patient safety will come first, but doctors must stand firm; Private equity targeting emerging markets; L&G gives salary details of executives; The dangers of our ageing population

Scottish Widows Investment Partnership, the asset management arm of Lloyds, is shutting down a string of its regional investment desks with the loss of half its 38-strong management team, according to reports.

Pension transfer providers believe The Pensions Regulator should issue guidance to trustees to simplify and speed up the process, according to a government report.

UK public sector debt could soar to £750bn if the government does not address longevity risk, the International Monetary Fund has warned.

Scheme trustee boards have been given more power to join moral hazard cases prosecuted by The Pensions Regulator after a senior judge clarified "directly affected" person laws.

FTSE100 companies have doubled their use of defined contribution schemes since last year with one-third of firms now offering DC-only schemes to employees, a survey shows.

IMF warns of £750bn pensions time bomb; NAPF 'concerned' about Barclays chief Bob Diamond's £17.7m pay package

More than eight in ten pension funds take one month or longer to make investment decisions, according to a survey carried out by Schroders.

The National Association of Pension Funds has added its voice to growing shareholder opposition to Barclays' pay packages.