Pensions

He will be formally appointed to the board of Friends Provident Holdings (UK) plc on 1 June. Trevor Matthews, the current chief executive officer, will assume the role of vice chairman with...

Simplification of state pension and the abolition of contracting out, completing the indexation switch from RPI to CPI, public sector pensions reform and a successful launch of Nest are the four areas...

The move follows the company’s evolution to become a full-service employee benefits business, adding new flexible benefits and actuarial risk divisions in the last two years.  The company says it recorded a...

Standard Life’s former managing director of corporate solutions Gerry O’Neill and Vebnet sales director James Verner have been suspended from their roles at the company.Standard says it is unable to disclose the...

The survey, which received responses from 96 companies in the FTSE 100, found 41 per cent already auto-enrol their employees into DC schemes, while a further 28 per cent intend to change...

ONS figures show that average net pensioner income in 2009-10 was £338 per week after housing costs, a rise of 47 per cent since 1998-99.The ONS also says the number of pensioners...

Total sales in the first quarter of 2011 were £270 million APE, compared to £178 million for the same quarter in 2010, with £66m of the £92m increase due to the acquisitions....

Under new Government legislation due to be phased in over the next five years, employers will be obliged to enrol all staff into a qualifying pension scheme. A significant number of employers questioned...

The consultancy says the debate has become polarised, with Nest claiming it will become subject to competitive disadvantage and as a result providers and intermediaries potentially losing sight of the key issues....

Schemes can make significant cost savings by paying greater attention to efficient data management in advance of any wind-up or buyout because they can avoid liability risk loading from insurance companies, says...