News

Factors such as age, gender and income greatly affect the employee benefits chosen by employees, Mercer research reveals.

Cineworld has agreed to increase employer contributions to its new defined contribution scheme after negotiations with union Bectu.

Nearly all of scheme managers believe the current economic environment will lead to a new wave of companies closing pension schemes to existing members.

HONG KONG - Hong Kong-based retirement funds have soared over 20% since the end of March on the back of strong regional stock markets, according to a research by fund manager RCM.

The Financial Services Authority has asked the industry for suggestions on whether it should apply adviser charging principles to group personal pensions.

Investment consultants are monitoring the transition management teams of BlackRock and BGI - both major players in the UK market - following the announcement of the merger of the two asset management giants.

ITALY/EUROPE - The European Commission has confirmed today it will take legal action against Italy over the country's "discriminatory" provisions on pension age.

The House of Lords Select Committee on Economic Affairs has delivered a damning verdict on government's plans to restrict tax relief on pension contributions for people with incomes over £150,000.

Some 96% of companies are planning changes to their workplace pension schemes, PricewaterhouseCoopers research reveals.

Nine men and two women have been arrested in connection with a suspected tax-relief fraud involving "bogus" pension schemes.