News

Pensions: postcode lottery hits hard

BP has delayed a final investment decision on its controversial Sunrise tar sands project until ‘early next year'.

GLOBAL - BP has delayed a final investment decision on its controversial Sunrise tar sands project until ‘early next year'.

The next government must halt the ‘salami slicing' of pensions tax relief within 100 days of taking power or risk alienating savers, Aegon says.

Liberal Democrat tax policy would result in some people paying more tax over their lifetime if they contribute to a pension, Towers Watson says.

Uniq has agreed with its trustees to take a pensions holiday until 2013, stopping all contributions to the scheme.

Simon Lawrence has left JLT Actuaries and Consultants to set up his own independent consulting firm.

More than half of large pension schemes plan to review or change their defined contribution default investment strategy in the next 12 months, the 2010 PensionDCisions UK Sponsor Default Survey reveals.

UK - More than half of large pension schemes plan to review or change their defined contribution default investment strategy in the next 12 months, the 2010 PensionDCisions UK Sponsor Default Survey revealed.

Society of Pension Consultants president elect Kevin LeGrand, Barnett Waddingham senior partner Adrian Waddingham and BESTrustees chairman Alan Pickering have all agreed to join a new PP Pensions Commission.