News

Change in law excludes pensions from equal pay

Scottish Widows Investment Partnership has combined its global developed and global emerging markets desks after six investment directors quit the firm for rival investment manager Martin Currie.

Trustees of the John Lewis Partnership Trust have appointed Eversheds to act as the £2bn pension scheme's legal adviser.

UK - Scottish Widows Investment Partnership (SWIP) has combined its global developed and global emerging markets desks after six investment directors quit the firm for rival investment manager Martin Currie.

Law firm Charles Russell has lost its head of pensions Kris Weber to rival Hammonds.

The PP Pensions Commission was charged with formulating a range of simple, low-cost policies the next government should look to implement as soon as it assumes power in a bid to improve pensions provision.

Employers should regain the flexibility to cap pension costs in difficult times, the Association of Consulting Actuaries says.

Company executives should only get tax relief on contributions should they offer similar levels of benefits to all employees, PP Pensions Commissioners say.

The next government should form a steering group to set out the terms for a permanent Pensions Commission, a PP panel of experts says.

Friends Provident's group pensions sales were down in Q1 but there was a stronger showing for annuities and its international business.