News

Faculty of Actuaries president RONNIE BOWIE speaks to JENNA TOWLER about the proposed merger with the Institute of Actuaries

The Conservative Party has confirmed it will not scrap personal accounts should it win next year's general election.

ITALY - The Berlusconi government has tabled a bill to equalise the pension age of men and women, following legal action initiated by the European Commission over the country's "discriminatory" provisions on pension age.

US - UK and European pension funds will be included as members of a consolidated class action against Royal Bank of Scotland, after a court ruling knocked them out of the running to be co-lead plaintiffs.

GLOBAL - The International Accounting Standards Board is set to stick by its decision to make firms include all gains and losses relating to their pension arrangements in the year they occur, GP can reveal.

The Heyday test case on the legality of the default retirement age is back in the High Court today.

The Pensions Regulator has seen a "small but significant" number of cases which needed intervention in the past year, its annual report and accounts state.

The London Pensions Fund Authority has appointed Barnett Waddingham as its actuarial services provider.

Ray Martin and Joy Moore have been elected as the chairmen of the National Association of Pension Fund's two main policy making councils.

MW Pensions has been revealed as one of the firms being investigated as part of a £2.5m pension tax fraud.