News

Mercer has outsourced the payment of benefits to pensioners in 80 countries in a deal with Western Union Business Solutions.

The Association of British Insurers has launched its compulsory code of conduct for members on providing information to customers about annuities.

The government should scrap higher-rate tax relief and reinstate the 10p rebate on pension funds' dividend payments in this month's Budget, an economist says.

New bank could be key to unlock pension fund cash for big projects; Pension funds back George Osborne's infrastructure plan with £4bn; Royal Mail pension assets sell-off could generate £25bn; Treasury row over £25bn windfall from pension fund; A £20bn...

British Polythene Industries has agreed to top up the contributions to its pensions scheme from an asset-backed funding partnership after its latest triennial valuation.

Deloitte has named Richard Slater as its new head of investment consulting across its UK business.

Standard Life has overhauled its corporate investment range, introducing default options specially tailored for auto-enrolment.

Communisis has set up an asset-backed contribution arrangement with its pension scheme after a raft of measures to cut its deficit were cancelled out by market movements.

European insurance firms are "campaigning" for pension funds' capital requirements to be regulated more like insurers to generate increased business for the insurance sector, a leading MEP says.

MPs have rejected calls to reintroduce the Retail Prices Index for pensions uprating in a debate triggered by an online petition which attracted more than 100,000 signatories.