News

The FSA has ordered RSM Tenon Financial Services to undertake a review of its pension switching business going back almost four years amid concerns about the suitability of advice.

Tax-relief restrictions should be scrapped and the government must issue more long-dated and index-linked gilts, the National Association of Pension Funds says.

UK - Tax-relief restrictions should be scrapped and the government must issue more long-dated and index-linked gilts, the National Association of Pension Funds said.

SWEDEN/NORWAY - Swedish company Skanska Infrastructure Development has sold its 50% stake in a Norwegian road operated as a public private partnership to its two parent company pension funds for SEK170m (US$23.5m).

A third of multi-national companies operating in Europe are set to implement pan-European pension arrangements by 2015, Hewitt Associates forecasts.

EUROPE - A third of multi-national companies operating in Europe are set to implement pan-European pension arrangements by 2015, Hewitt Associates has forecast.

Government should increase plans to raise state pension age and scrap the default retirement age completely, a PwC report says.

EUROPE - The European Commission is set to publish a green paper on an EU framework for pensions.

The European Commission is set to publish a green paper on an EU framework for pensions.

Jonathan Stapleton previews the February 25 edition of Professional Pensions.