Pensions

The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.

The move to ban consultancy charging is "less dramatic than it sounds" as most of the charges that can end up with the employer's adviser remain unaffected, according to a consultant.

Standard Life has confirmed that Ann Flynn, head of the workplace distribution proposition at the company, has resigned.

Aegon has launched a selection of auto-enrolment investment funds suitable for use as the default option for employers.

Self Invested Person Pensions (SIPP) provider, James Hay Partnership, has seen a drop in profits of 6% year on year, according to its parent company IFG, which released full year 2012 results today.

Longevity think tank, the International Longevity Centre-UK (ILC-UK), has set up a network that aims to help ensure people are given regulated advice around long term care (LTC).

Royal London has announced annual bonuses for 2012 and final bonuses for 2013 for with-profits policies in the Royal London Long Term Fund and in the closed Scottish Life Fund.

The government is ‘woefully underprepared' for the impact a rapidly ageing population will have on society and public services, a Lords Committee has warned.

The National Association of Pension Funds (NAPF) and Wheels Common Investment Fund (WCIF) have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit pension schemes.

FIVE THINGS