News

The proposed European Consumer Rights Directive must not be allowed to hamper auto-enrolment into occupational pensions, the Association of British Insurers warns.

Royal Mail must deliver the goods; MPs' expenses: James Purnell and Geoff Hoon avoided tax on home sales; We must wake up to the pensions time bomb; Yell chairman quits over sit Fred's pension

Level annuities returns stabilised in May after several months of falling rates, Alexander Forbes Annuity Bureau says.

US - Washington State Investment Board (WSIB) is suing Lehman Brothers' officers and directors, its investment bankers and its accountants to recoup more than US$100m lost in Lehman's securities.

UK/EUROPE- The proposed European Consumer Rights Directive must not be allowed to hamper auto-enrolment into occupational pensions, the Association of British Insurers warns.

Trustees of the £220m Biffa Pension Scheme have appointed Wragge & Co to act as the scheme's sole legal adviser.

Government moves to cut tax relief on pension contributions of high earners will further undermine trust in the system, the Association of British Insurers warns.

Stephen Haddrill, current director general of the Association of British Insurers, has been named as the next chief executive of the Financial Reporting Council.

Pensions bodies call for rethink on tax relief cut; Pensions 'share gamble' leaves millions facing poverty threat; Yell chairman to go after RBS pension backlash; Speaker Michael Martin poised for elevation to House of Lords

CANADA - Canada should reform its pension system by creating a hybrid model which resembles the one in place in the Netherlands, the Ontario Teachers' Pension Plan president and chief executive says.