News

RISING sales of group self-invested personal pensions could lead to mis-selling if independent financial advisers do not fully investigate alternative products, Scottish Life warns.

DEFAULT funds used by around 90pc of defined contribution scheme members are inadequate, research by Cass Business School's Pensions Institute shows.

UK - Hewitt Associates has appointed Caroline Allensby-Green to its UK investment consulting team.

Pension Insurance Corporation has appointed JPMorgan Worldwide Securities Services to provide custody and fund accounting services.

RISING life expectancy has added £30bn to UK pension scheme liabilities in just two years, analysis by accountant KPMG reveals.

GERMANY - Despite being told their state pensions would be frozen until 2009, 20 million German pensioners are set to receive an increase of 0.54% to their monthly income on 1 July.

Given the solid economic environment and plentiful liquidity of the last few years, the best areas to...

CREDIT SUISSE has appointed Gary Withers as vice chairman and head of asset management for the EMEA region.

CHINA - The vice-chairman of China's state pension fund has admitted its equity allocation had reached as high as 39-40%, leaving it "somewhat overexposed".

THE impact of inflation on pensioner households has hit record levels, new figures show.