Women need more information on pension benefits and communication about entitlements needs to be improved, The Pensions Advisory Service says.
GLOBAL - Recommendations for credit rating agency (CRA) reform have today been released by the Securities and Financial Markets Association (SIFMA).
Only 25pc of FSTE350 directors are currently building up new defined benefit pensions, Watson Wyatt analysis shows.
Trustees have been ordered to personally repay £130,000 after being found guilty of a breach of trust.
UK - Paternoster urged regulating bodies to impose a clear framework for companies offering cash inducements to scheme members transferring out of a scheme.
EUROPE - Exchange traded funds (ETFs) could generally deliver above average performance compared to actively managed funds, investment company iShares has claimed.
UK - Only 27% of FTSE 350 directors are accruing only defined benefit (DB) pension benefits, a recent Watson Wyatt survey has found, showing the decline of DB has now hit the boardroom.
The Shakespeare Birthplace Trust pension scheme has appointed Alexander Forbes Financial Services to provide full defined benefit services.
US - The Securities and Exchange Commission (SEC) and the Department of Labor (DoL) have signed an agreement to share information as it relates to investments of retirement funds.
St James's hit by fall in investments; Offer to Norwich Union life policy holders; Lloyds raises payout despite 70pc profits fall; Banks under pressure to follow $30bn Merrill cut-price debt sale