News

This week respondents dismissed criticism of the regulator, lamented late changes to auto-enrolment, and are for the most part unaware of any pension liberation schemes.

The vast majority of respondents to the National Statistician's consultation on the retail prices index called for no change because of fears over the impact of any alteration on savings.

The trend for ‘big four' auditors to focus on management aims of clients rather than shareholder need leads to "significant dissatisfaction" for institutional investors, the Competition Commission says.

The reduction in defined benefit schemes has resulted in an overall lower pensions coverage, research from Office for National Statistics shows.

The Pension Protection Fund Ombudsman Tony King has ruled the PPF must reconsider an additional £140,000 levy issued to Ibstock Pension Scheme, after a dispute over erroneous information on a deficit reduction certificate.

Around 12,000 pensioners who hold annuities with Legal & General have been left without their regular payouts after a technical blunder.

MPs may be forced to debate a controversial plan to halt age-related tax allowances, in a move dubbed a ‘granny tax', after an online petition opposing it garnered almost 100,000 signatures.

Providers could save £74.6m a year by communicating all information with members online, under government proposals.

Hermes Equity Ownership Services has joined US pension funds in calling for the removal of JP Morgan Chase chief executive Jamie Dimon's dual role as chairman.

Premier Foods will use the consumer prices index to calculate benefits in its RHM Pension Scheme following a 66% spike in overall deficits, its 2012 results show.