News

Pension Corporation has bolstered its client service team with four new hires.

UK - The Pensions Regulator's determinations panel will decide in September whether or not to issue a rare financial support direction for Lehman Brothers Holdings forcing it to fund the legacy UK pension scheme.

The Pensions Regulator's determinations panel will decide in September whether or not will issue its third financial support direction - against the Lehman Brothers Group.

Women aged over 50 must re-engage with their pension planning as just 38% are saving adequately for retirement, Scottish Widows warns.

FTSE100 bosses on average receive pension contributions of £267,000 per year - three times the level of FTSE250 executive directors, a survey shows.

US - Total assets under management at the country's largest 100 state and local pension plans increased by 19% over the year ended March 31, according to data by the US Census Bureau.

The Pensions Regulator has urged trustees to review their scheme rules to assess the impact of forthcoming indexation changes.

Aegon has signed a deal with global wrap provider GBST to help push the insurer's drive into the at retirement and workplace savings markets.

Study points to pension gap among executives

IRELAND - Ireland's Department of Social Protection is considering proposals that would see pension schemes purchasing annuities invested in government bonds to help fund liabilities.