News

Retirees aged below the new minimum pension age of 55 and in drawdown could face adverse tax charges if they want to annuitise or switch provider, Scottish Life warns.

Total contributions to private pension schemes in the UK dropped for the first time since records began after the recession kicked in, Office of National Statistics research shows.

UK - Total contributions to private pension schemes in the UK dropped for the first time since records began after the recession kicked in, Office of National Statistics research showed.

Annuities need an image makeover

GLOBAL - Pension funds are among the investors affected by a board decision to hive off 16% of the assets in Martin Currie's China A Share fund on concerns about Chinese tax liabilities.

US - Delta Air Lines has topped up the pension schemes covering most of its US employees by US$558m.

US - Californian schemes have dismissed the conclusions of a study by the Stanford Institute for Economic Policy Research (SIEPR), which claimed the funding level of the three largest Californian pension funds has so far been understated due to the accounting...

AA vote to strike is first in its 105-year history; Former Brixton chief Tim Wheeler loses claim for compensation

Carey Pensions has teamed up with asset management firm Sterling McCall to launch a "discretionary based" workplace pension service.

Ongoing Financial Services Authority investigations into poor pension switching advice are expected to result in firms paying out more than £150m in redress to customers.