News

Savers' faith in pensions has reached a record low, prompting fears the upcoming auto-enrolment reforms will flop, the National Association of Pension Funds says.

The government is planning an overhaul of the way it grants tax relief on pensions which will cost the industry, employers and the government "hundreds of millions", Baker Tilly warns.

BlackRock has teamed up with DCisions in a bid to improve its defined contribution portfolio benchmarking and customer insight capabilities.

The Association of British Insurers' compulsory code for annuity providers has been welcomed by the industry and triggered calls for similar requirements for trust-based schemes.

Trustee attempts to force The Pensions Regulator to issue further contribution notices against textile manufacturer Desmond & Sons have been struck down, PP can reveal.

Culture minister Ed Vaizey has stepped into the row over the Wedgwood museum collection which is under threat of being sold off to help plug a £134m pension shortfall.

Savers should consider topping up their pension pots now in anticipation of further tax relief changes rumoured to be in this year's Budget, a consultant says.

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.