News

HM Treasury is pressuring the US government to "carve out" low-risk institutions from FATCA, ahead of a draft paper due this week.

Law firm Taylor Wessing has hired Rosalind Connor as part of an expansion of its pensions team.

UK pension fund assets have grown by 8% a year over the last decade and at $2.4trn (£1.5trn) are now worth more than country's gross domestic product, research finds.

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Government has appointed Alan Pickering as independent chairman of the reformed public sector Royal Mail Statutory Pension Scheme.

The Pension Protection Fund is set to move into absolute return strategies, asset backed securities and emerging market debt with the appointment of a specialist bond manager panel.

The Pensions Ombudsman has found in favour of Friends Life after a consumer had complained it misled him about the nature of its treatment of additional voluntary contributions.

Pension funds could be caught in the "side-winds" of new EU legislation that "ramps up the pressure" on data protection, lawyers warn.

The Pensions Management Institute has seen take-up of its Diploma in Employee Benefits and Retirement Savings soar to over 200 people since its launch in September.

The National Employment Savings Trust has appointed The Co-operative Asset Management as its responsible ownership partner alongside proxy voting agency Manifest.