News

The parent company of enhanced annuity provider Partnership intends to list the business on the stock market.

Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.

Billionaire investor George Soros has called on Europe to start a fund to buy Italian and Spanish bonds, or risk the demise of the euro.

The Bank of England should pump £50bn more into the "stalled" economy to kick-start the recovery, economist David Miles says.

The demand for liability driven investment strategies among small and medium defined benefit schemes will grow over the next three years, Aon Hewitt says.

The former boss of Kent Reliance Building Society has been appointed as interim director for defined contribution, governance and administration at The Pensions Regulator, PP can reveal.

The government cannot "stand idly by" while accountancy standards send pension fund liabilities rocketing and undermine the economy, Steve Webb has said.

The end of contracting out for defined contribution will save schemes £5.3m a year in administration costs, the government claims.

Boots Pension Scheme has appointed Schroders' property multi-manager team to oversee its £135m property portfolio.

The Treasury has proposed to give the Scottish government the power to issue its own bonds.