News

UK - Barry Sagraves, head of NTGI's London-based operations, is to leave the company and will be replaced by William Huffman.

SALARIES for top pensions professionals rose by up to 8pc last year and many senior staff took home more than £100,000, new research reveals. But only 40pc of staff working in the industry are members of a defined benefit scheme.

The industry's focus for several years has been on defined benefit scheme deficits and how they can be reduced.

TRUSTEES have full responsibility for ensuring scheme members fully understand any inducements made to transfer out of defined benefit schemes, The Pensions Regulator warns.

CANADA - The Canadian Federation of Independent Business (CFIB) has again come under fire for its criticism of public employee benefits, after the Canadian Labour Congress (CLC) called on the group to "rethink its conclusions".

The UK's top companies are underestimating mortality assumptions by up to £60bn, new research claims.

EXPERIENCE and technical expertise are the key attributes advisers look for in a self-invested personal pension provider, a new survey shows. Research by SIPP provider Suffolk Life found that the other most important attributes were customer service,...

Railways Pension Trustee Co chief executive Chris Hitchen will be the next chairman of the National Association of Pension Funds.

NEARLY three-quarters of scheme managers believe that government proposals for a system of personal accounts will lead to a levelling down of private workplace pension provision, an exclusive survey by Professional Pensions reveals.

A childcare scheme launched by P&MM has been hailed as a success with more than 100,000 workers taking up the benefit since its launch late last year.