News

Pensions Action Group campaigner Ros Altmann has urged trustees and administrators to ensure they are doing all they can to speed payouts to wind-up victims.

Creating a fair and just pensions system has been paramount to this government. From the outset, w...

Financial services giant Prudential has betrayed pensioners by reneging on an agreement to raise benefits in line with price inflation, the scheme's retired manager claims.

Pension overpayments by the Ministry of Defence have highlighted the unfairly lenient tax treatment of public sector schemes, a lawyer claims.

THE Crown Agents Superannuation Scheme has appointed Garvins as scheme actuary.

UK - The National Association of Pension Funds (NAPF) has called generic financial advice (GFA) to be rolled in the workplace ahead of the 2012 introduction of Personal Accounts in response to the interim report on the Thoresen Review of GFA.

US - A hybrid defined contribution (DC) scheme which would offer the guaranteed income of a defined benefit (DB) pension has been unveiled by UBS Global Asset Management and Genworth Financial.

Trustees are offering unfair transfer values to members in a bid to minimise scheme liabilities, Pension Capital Strategies claims.

AUSTRALIA - The Association of Superannuation Funds of Australia (ASFA) has proposed measures to boost private savings through increased contributions to super in its pre-budget submission.

Aon Consulting has launched a specialist trustee service to provide dedicated support for covenant assessments of scheme sponsors.