News

The European Court of Justice may equalise annuity rates for men and women, but doing so could make women's pension income even worse, experts warn.

Two years on from official regulatory guidance on managing conflicts of interest the majority of small pension schemes are still falling short, a law firm warns.

Allowing savers early access to pension cash would inject £65bn into the UK economy in the short term, the Society of Pension Consultants says.

US - US corporate pension liabilities fell by $29bn in September, resulting in a $67bn increase in the funded status of the top 100 schemes, research by Milliman reveals.

Pension holders could see tax increase; Strikes over cuts can be avoided, says Acas

IRELAND - The National Pensions Reserve Fund (NPRF) has invested €30m ($41.8m)in two venture capital funds in Ireland.

GLOBAL - International Corporate Governance Network (ICGN) has launched new guidelines to raise standards of corporate governance worldwide.

US - Florida's pension system, the fourth- largest in the US, can afford to cover only 87.9% of the benefits it promised because of losses from the recession since 2008, according to the state's actuaries.

It is inevitable large numbers of very small NEST pension pots will remain unclaimed by people who are auto-enrolled, Lawrence Churchill admits.

Public sector workers will budge no further on pension reforms and will fight recommendations in Lord Hutton's review, unions say.