News

More than £70m has so far been paid out to some 95,000 individual policyholders in Equitable Life, according to a progress report from the Treasury.

Millions of workers are losing billions from their savings because of "sharp practice and murky pricing" in the annuity market, research claims.

Here they are. Ten tips for successful management of your defined contribution scheme.

Daily Mail and General Trust has appointed Jane Allen to the newly created role of group reward director, taking over from outgoing pensions director Geoffrey Staines.

Trustees have been warned to keep a close eye on longevity assumptions as improvements to mortality rates resulted in 20,000 fewer deaths than expected last year in England and Wales.

Punter Southall has taken full ownership of fund manager PSigma Asset Management, upping its stake from 50% to 100%.

FTSE350 businesses that de-risked their pension schemes saw an average share price rise of 1.7% compared to an average index fall of 0.2%, analysis finds.

Former chairman of the National Association of Pension Funds Robin Ellison has launched a group to help pension funds and investment managers recover their "fair share" of security class actions.

The Intelek Pension Scheme and Intelek Money Purchase Scheme have appointed HS Administrative Services as their administrator.

A group of investors has raised concerns that Solvency II could see pension funds and insurers move away from alternative assets.