Advice on group personal pensions should be paid for on a fee basis, even if employees receive no individual advice, the Financial Services Authority says.
International law firms Lovells and Hogan & Hartson are to merge.
GLOBAL - International law firms Lovells and Hogan & Hartson are to merge.
Senior industry figures have expressed their disappointment over the government's refusal to take any further action to develop collective defined contribution schemes.
Pension Corporation's deal for Cadbury fund adds twist to bid battle; JAL buoyed by pension pay-out vote
Longevity hedge market growth in 2010 will depend on accurate risk pricing by schemes, Club Vita says.
UK - The Cadbury Pension Fund has sought to boost its value to shareholders by completing a £500m (US$815m) buy-in insurance contract with Pension Insurance Corporation.
The Cadbury Pension Fund has sought to boost its value to shareholders by completing a £500m buy-in insurance contract with Pension Insurance Corporation.
US - A pension fund is suing Goldman Sachs alleging officials and the board breached their fiduciary duties by allowing an expected US$22bn in 2009 bonuses.
IRELAND - A construction company has pleaded guilty to deducting pension contributions from its workers but failing to deposit the funds into the Construction Workers Pension Scheme (CWPS).