News

The proposed timetable to increase state pension age for women to 66 by 2020 will have unfair and disproportionate consequences for up to half a million women, Saga warns.

A third of employers say abolition of the default retirement age will prompt them to better promote their company pension scheme, Hargreaves Lansdown says.

Trustees should take the opportunity to de-risk schemes as markets look more buoyant, an independent trustee says.

The Pensions Regulator's costs in the Bonas case are likely to have already exceeded the final amount of any contribution notice awarded, a lawyer says.

A consultant has accused The Pensions Trust of "living in the previous century" and being "completely irresponsible" for advocating defined benefit schemes for the third sector.

The £714m Shropshire County Pension Fund has appointed Aon Hewitt as its investment consultant.

The Department for Work and Pensions is to take action to stop firms using differences between defined contribution regulations to cut scheme costs when faced with auto-enrolment.

NETHERLANDS - Asset manager Robeco has named Jurgen Stegmann as chief financial officer.

GLOBAL - More and more pension funds in emerging markets are forgoing global equities in favour of emerging market equities, said Nick Lyster, European chief executive at Principal Global Investors.

IRELAND - Aon Hewitt has appointed Rachael Ingle and Donal Casey as joint managing directors in Ireland.