News

Schemes are embracing April's A-Day tax simplification changes but more slowly than expected, Punter Southall claims.

FEARS inflation could wipe out returns from bonds are "a red herring", Fidelity International says.

BRITAIN'S top 300 civil servants have combined pensions worth nearly £250m, research by the Liberal Democrats shows.

Clerical Medical is to close its group pensions to new business from April 16 but will continue to service its existing book of group schemes.

Staff at supermarket giant Tesco are set to share a £148m windfall after two share option schemes matured.

A PETITION urging the prime minister to scrap new taxes that would prevent alternatively secured pensions being passed on as inheritance has been launched.

FUND managers are warning schemes not to "overindulge" in China amid fears a wave of mainland-listed initial public offerings have been overvalued.

UK campaigners hoping to scrap mandatory retirement ages have a "mountain to climb" following a European ruling on a Spanish age discrimination case, lawyers say.

AEGON Scottish Equitable has launched an online service for advisers which, it claims, is "the most comprehensive in the group pensions market".

UGANDA - David Chandi Jamwa, formerly MD of D Craven Consulting, has been appointed MD of the National Social Security Fund (NSSF).