News

The Pensions Regulator will maintain its focus on administration to ensure providers do not ‘dip their headlights', the watchdog says.

What should we expect on pensions from the 2011 Budget? Here is our list as to what might be in this year's Budget from the perspective of pensions.

There is "no overriding reason" why a merger of National Insurance and income tax should not go ahead, a consultant says.

US/UK - The recent initial public offering announcement by Apollo is a boon to the private equity industry, as it will help "demystify" the market, said Alan MacKay, chief executive of Hermes GPE.

CZECH REPUBLIC - The Czech government is considering setting up a "low-cost" state-run pension fund to oversee people's retirement savings which may put pressure on private pension managers to keep fees low.

Poor data quality is viewed as the top administration risk faced by trustees, with preparation for auto-enrolment also high on the list, according to a poll of delegates.

The National Insurance Scheme for the Pensions Industry needs greater resources to deal with its workload, Barnett Waddingham associate Robert Wakefield says.

UK - Henderson shareholders have voted overwhelmingly in favour of the acquisition of Gartmore, with 99.97% giving the go-ahead.

NEST may have wider implications for the pensions landscape than intended, leading to the development of common standards and changing pricing structures, delegates heard.

US - A group of nuns are suing the Boston Archdiocese and their cardinal and have demanded $1.4m out of their pension pot.