News

Ministers are planning to waive tax charges on payments made to pensions from with-profit policies.

FRIENDS PROVIDENT and Resolution have agreed the terms of their merger which will see the creation of new life company worth £8.6bn.

Plans to set up a "lifeboat fund" for scheme wind-up victims have been blown out of the water by the government.

Pooled property funds outperformed both UK property equities and real estate investment trusts in the last three months, Investment Property Databank says.

Younger investors are taking an overly cautious approach to their top-up pension savings, Watson Wyatt warns.

PAUL Myners will head up the Personal Accounts Delivery Authority, the government has announced.

The UK's top 100 companies have a pension surplus of around £4bn, latest figures from Pension Capital Strategies show.

Employers must find new ways to promote the value of pension schemes to employees, Profund claims.

Up to 10pc of people who rely on equity release to fund retirement could end up destitute, In Retirement Services has warned.

EDUCATIONAL charity Life Academy has appointed three new trustees - Penny Green, Alison Munro and Simon Baynes - to its board.