News

Standard Life has revealed its updated consultancy charging options, which are compatible with retail distribution review criteria and the introduction of auto-enrolment.

Standard Life Investments has appointed John Devine to its board as a non-executive director.

The Pensions Management Institute has launched an auto-enrolment qualification.

The newly improved Professional Pensions will be revealed on Wednesday 3 October.

FTSE350 scheme deficits have remained virtually unchanged since 2002 while FTSE100 longevity assumptions have increased for the sixth year running, Mercer says.

The introduction of auto-enrolment will effectively end ill-fated stakeholder pension requirements for UK employers, it has been confirmed.

The Welsh Assembly Members' scheme will not be reformed as a defined contribution arrangement due to fears this would dissuade "high quality" candidates standing for election.

Mercer has confirmed its UK chief executive Alan Whalley has retired from the company, leaving a gap in its senior team.

Labour leader Ed Miliband has pledged to put a 1% cap on pension fund charges in a bid to reignite his campaign against "rip off" costs, as millions of people enter auto-enrolment.

The use of asset-backed contributions to fund schemes will double over the next three years after HM Revenue and Customs clarified its stance on the arrangements, says Deloitte.