News

LV= has joined the real-time enhanced annuity quotation service on The Exchange's Exweb portal.

The average US household invests around 55pc of its defined contribution plan in shares, an analysis of government data by Watson Wyatt revealed.

Darling shuts tax-free pensions loophole; Pensioners: Winter fuel allowances raised by £50 to £250; Government to issue Rock gilts; Standard Life hints it might sell struggling banking arm

More conservative mortality assumptions and accounting rule changes will make buyout a "no-brainer" for sponsors of defined benefit pensions, the Society of Pension Consultants says.

The aggregate deficit of the 7800 defined benefit schemes monitored by the Pension Protection Fund increased for the fourth consecutive month in February.

NEW ZEALAND - The Superannuation Fund has backed the bid by the Canadian Pension Plan (CPPIB) for Auckland International Airport.

THE £3.6bn London Pensions Fund Authority has appointed JP Morgan to provide portfolio administration and performance reporting for their alternative investments.

Zenith Vehicle Contracts has launched a salary sacrifice scheme for company cars.

The Pensions Policy Institute has identified the groups of people who will gain and lose out from government pension reforms.

US - Companies adopting hybrid pension funds are on the increase, according to Watson Wyatt.