News

The Pensions Regulator has confirmed that addresses will remain under the category of common data and be subject to its stringent data targets.

The abolition of the default retirement age will mean employers have to sharpen their management processes, delegates heard.

UK - Tim Breedon, CEO of insurance group Legal & General (L&G), is to retire from the company at the end of 2012, when he will have completed a quarter of a century at the insurer.

Large firms still have time to start auto-enrolment preparation but it must begin before Christmas, delegates heard.

Employers should see the upgrades to systems and processes required for auto-enrolment as an opportunity to improve pensions communications, the conference heard.

Flexible benefit platforms and corporate wraps have been touted as key ways to engage employees with their pensions.

CANADA/US - Canada Pension Plan Investment Board CPPIB) has entered a joint venture with General Growth Properties to acquire a stake in two US shopping malls.

Defined contribution investors need to look at their portfolios from a risk perspective akin to defined benefit schemes, delegates heard.

There is little hope government will not legislate to deal with the problem of guaranteed minimum pension equalisation, delegates heard.

IRELAND - The Government's controversial pensions levy has had a "devastating impact" on the country's pension system, Irish Life & Permanent chief executive, retail, Gerry Hassett has claimed.