Pensions

Secretary of state for work and pensions James Purnell says that this report makes clear that for virtually everybody, if the benefit system remains the same, saving will make them better off...

Everywhere we look our long-term assumptions are being turned on their head. Even the assumption that equities are the best bet over the long term is under question, in light of the...

Mercer says the draft code appears to allow TPR to apply a contribution notice to almost any form of normal business activity where there is a defined benefit pension scheme which risks...

Dean will be responsible for product development, marketing and brand management of the personal accounts scheme, providing support and advice to the DWP on legislation relating to personal accounts, defining the requirements...

The proposal comes in the FSA’s new business plan for the period from April 1. It includes a proposed shift from principles based regulation (PBR) to OFR. Reed Smith says the repercussions...

Research carried out by the benefits consultancy found 12 per cent of those companies that had considered the changes expect to change their definition of pensionable earnings. Only a quarter had concluded...

Revenues in Axa’s wealth management business decreased by £101 million to £618 million, down 14 per cent from 2007, which it said was down to consumers’ caution towards longer-term investment, continued stock...

AFFS says it intends to focus its resources on front line client servicing and sales and is planning to rationalise a number of support functions. As a consequence Marlow will be leaving...

Mercer scooped the gong in the pension adviser category, while Advo Group was named healthcare adviser of the year. Watson Wyatt won the group risk adviser category at the event hosted by...

With companies feeling the pain in 2009, delegates at the Group Risk Adviser Forum saw three areas where work needs to be done to bolster the sector – sensible trimming and realignment...