Multi-manager funds would seem to be the panacea for people without the inclination or time to invest in stock markets. The trend in the retail funds market suggests that private investors have...
AFFS estimates that there are 66,000 occupational pension schemes in the UK, with nearly a million members in defined contribution schemes alone. It says the large majority (80,000 members) are in open...
Issuing its biggest ever crime-related fine, the FSA said Aon did not take reasonable care to counter the risks of bribery and corruption associated with making payments to overseas third parties who...
They carry the retirement dreams of millions, yet default funds have been tested almost to breaking point in 2008. Trackers, target return funds, balanced and cautious managed funds have all plunged well...
He's taken on the pensions minister, his legendary roadshows draw thousands and his thought leadership is second to none. But mention the name Steve Bee in his home and you will draw...
The hope we are all carrying into 2009 is that the year will be less eventful than its predecessor. Sadly, few of us expect that to be the case. Talk of redundancy...
Previously the product had a maximum of four times salary multiples available and offered no fixed lump sum benefits. The provider says extended multiples of salary provide a alternative option to Death...
Michael Whitfield, chief executive of Thomsons Online Benefits says: "Since our inception we have pioneered XML integration as a way to remove unnecessary paper, cost and data errors from employee benefits administration....
The Thorn deal is the largest UK pension buy-out to date and was followed by a £150m deal between Dairy Crest and Legal & General.The Thorn/PIC deal secures the full benefits for...
Nigel Manley, head of self invested pensions, Premier Pension Services, says “Although the SSAS takeover market has alwaysbeen relatively active amongst providers, this has historically been driven by service issues and/or costs.We...
