News

US - The confidence of North American intuitional investors has dropped from 114.5 to 100.2, according to the State Street Investor Confidence Index for April 2007.

Consultant Lane Clark & Peacock has been appointed to provide investment advice to the Thomas Miller & Co Retirement Benefits Scheme.

CHANCELLOR Gordon Brown has refused to apologise for his decision to abolish £5bn-a-year pension fund tax credits and survived a vote of no confidence tabled by the Conservatives.

A GOOD salary is the best way to keep employees happy with their job, new research shows.

Increasing trivial commutation limits will encourage workers on modest incomes to save for retirement, B&CE Benefit Schemes claims.

NEARLY 1400 workers at Grampian Country Food Group walked out over proposed pension cuts and a pay freeze.

UK - The Marathon Club has published a guidance note to provide trustees with practical guidelines on the implementation of a long term investment approach.

THE government has agreed to give insurers extra time to process pension term assurance applications after removing tax relief on the product in the Budget.

MEMBERS of the Pensions Action Group have unveiled two posters of chancellor Gordon Brown "destroying" the occupational pensions of thousands of workers.

Fife Council has unveiled a healthplan for its 21,500 employees through Leeds-based healthcare provider LHF Healthplan.