Trustees and sponsoring employers could face unpredictable tax charges and complex issues arising from ‘scheme pays' legislation, JLT Benefit Solutions warns.
The Department for Work and Pensions has launched a consultation on the way in which employers can certify the pension scheme they plan to enrol their employees into.
Legislation curtailing the annual allowance and lifetime allowance for tax-efficient pension saving attained Royal Assent yesterday.
The Pensions Trust has introduced a Diversified Ethical Fund to its Flexible Retirement Plan in response to ethical and responsible investment creeping up members' agendas.
Energy consultant AEA's pension deficit has fallen to £122m but still stands at almost twice the company's market capitalisation.
CANADA/AUSTRALIA/EUROPE - The Ontario Teachers' Pension Plan has struck a deal with MAp Airports to exchange its interest in Sydney Airport and a cash payment for MAp's interests in Brussels Airport and Copenhagen Airport.
Public sector reforms hit top pensions; Public sector pensions: high earners face bigger rise in contributions; Public sector pensions - a good day to bury good news; Pensions report delayed; Fresh concerns over pension churning; Financial advisers accused...
The Workplace Retirement Income Commission has cancelled today's interim report findings because it has gathered enough evidence to present a final report to government next week, it says.
US - Congress moved one step closer to sealing a deal on its debt ceiling, pushing down yields on 30-year government bonds.
GLOBAL - Franklin Templeton's Mark Mobius has said Russia is his current emerging market of choice and suggested concerns over corporate governance are misplaced.