News

UK - Chancellor Gordon Brown has announced a £6bn cash boost for the Financial Assistance Scheme (FAS).

EUROPE - The European Parliament's Employment Committee has endorsed a proposed directive to enable workers to take their supplementary pensions with them as they move between and within member states.

GOVERNMENT bonds will continue to be skewed towards long-dated conventional and index-linked issues this year, delegates heard.

PENSION firms are failing to prepare for business disruption despite recording a "dramatic increase" in upheaval, Chartered Management Institute research reveals.

AREF code update

For anyone who missed last week's issue, we are repeating the full shortlist for this year's UK Pensions Awards.

RECORD sales by healthcare solutions provider HSA heralds a resurgence in the health cash plan market, the firm claims.

SCHEME wind-up victims believe the government is set to increase compensation payouts.

ALMOST two thirds of UK equity managers failed to beat their outperformance targets during the past three years, new research reveals.

PRIVATE equity firms bidding for Sainsbury's will have to pump at least £300m into the supermarket giant's pension scheme in order to get trustee approval.