News

The Scottish Public Pensions Authority has confirmed changes to the NHS pension scheme which will come into effect in April, 2008.

The Financial Services Authority has published a briefing paper in a bid to prepare the industry for the introduction of the European Union's Solvency II legislation.

GERMANY - Crédit Agricole Asset Management (CAAM) has announced the opening of a new branch office in Frankfurt to specifically cater for the German and Austrian markets as part of renewed efforts to expand into the heart of Europe.

Around 95pc of self-invested personal pension investments do not contain any gearing despite changes introduced on A-Day allowing borrowing of up to 50pc of the fund value, research shows.

Aegon Scottish Equitable has backed government inheritance tax changes which it claims will maintain the attractiveness of alternatively secured pensions.

CHAIRMAN: Billy Burrows, director, William Burrows Annuities Burrows first became involved with annu...

Schemes could be losing out by letting slow decision-making put them off "sensible" investments, First State Investments has warned.

New York City is to pay $160m (£78m) to teachers to settle a 37-year-old pension dispute.

The link between the state pension and average earnings should be restored before 2012, the GMB union has urged.

The cost of providing generic financial advice should be borne equally by government and the financial services industry, the Thoresen Review has said.