News

Quelle surprise - personal accounts, the government's national pension savings scheme, will not be the panacea to old age impoverishment!

UK - A concession announced in yesterday's Budget which will allow small pension pots to be converted into cash has been widely welcomed.

Transfers on a direct execution-only basis from defined benefit schemes to self-invested personal pensions are not appropriate, Hazell Carr says.

Transparency in the hedge fund market is improving but is still not good enough, the conference heard.

Some 94pc of schemes believe they could do more to become environmentally friendly, latest research from eShare shows.

The National Association of Pension Funds has launched a toolkit in a bid to help trustees assess the performance of investment consultancies.

Small schemes could lower investment costs and achieve higher levels of governance if they merged to form larger funds, a Dutch pension fund says.

The John Lewis Partnership is in talks over about cutting the time it takes for its employees to be eligible to join its non-contributory final salary scheme.

HM Revenue & Customs clampdown on overseas pension unlocking scams is "an important move to protect retirees", said Hornbuckle Mitchell.

A new global investment advisory and management firm has been launched in the US in a bid to help firms meet long-term liabilities.