News

FURTHER falls in retirement saving is "inevitable", Prudential's retirement income panel warns.

Government plans for generic financial advice have overwhelming backing from the public, new research shows.

Prudential has increased its stake in its joint fund venture with CITIC Group in China to almost 50pc.

PROPOSED changes to section 75 buyout debts will have a "catastrophic" effect on firms that want to leave a multi-employer scheme, experts warn.

The National Association of Pension Funds has dismissed fears stock market volatility will adversely affect schemes.

Draft plans for a user-friendly, online annuity tool are expected to be put forward in time for the government's pre-Budget report.

Companies are not taking account of the risks associated with climate change in their business strategies, a study has shown.

Demerger activity could be constrained by pension scheme problems because splitting funds could leave firms liable to section 75 debt payments, a law firm warns.

THE annual cost of providing a defined benefit pension exceeds average mortgage interest payments and is undervalued by employees, analysis by Fidelity International shows.

NEW ZEALAND - ABN AMRO Craigs has moved into the superannuation space, and launched a new superannuation initiative called kiwiSTART.