News

Employees are likely to get better investment choice under a contract-based defined contribution scheme than one run by trustees, Truestone Employee Benefits claims.

WORKERS and employers are at loggerheads over the value of siestas, a survey by employment law adviser Peninsula claims.

Around a third of Britain's largest 200 pension schemes remain in surplus despite market falls last week, research by Aon Consulting reveals.

Firms providing occupational defined contribution schemes have an "underwhelming" response rate to queries, Watson Wyatt has revealed.

More than 120,000 pensioners were sold the wrong annuity last year, a provider claims.

Resolution has dismissed claims by minority shareholder Pearl Assurance that the proposed merger with Friends Provident is poor value.

HERMES Pensions Management chief executive Mark Anson has quit the firm to join a US fund manager.

Investors have been left divided on Turkey's outlook following the AKP party's return to power.

IRELAND - Jerry Moriarty, the new director of policy at the Irish Association of Pension Funds (IAPF), has encouraged the government to consider other options aside from a mandatory enrolment system.

THE COURT of Appeal has overruled a High Court decision on how benefits are distributed during scheme wind-ups.