Pensions

The head of the European Insurance and Occupational Pensions Authority (EIOPA) has proposed an expansion of the organisation's mandate and called for the creation of an "EU retirement savings product".

Auto-enrolment will increase the proportion of workers in occupational schemes from one in two to four in five according to research from the Chartered Institute of Personnel and Development.

A high court judge has ruled against the 22 pension funds attempting to sue Henderson Equity Partners for allegedly breaching the mandate for its Private Finance Initiative Secondary Fund II.

The "lunacy" of the euro and its "inevitable" end may improve the funding position of UK pension schemes, economist Roger Nightingale has said.

Retirement Planner's round-up of the top pension stories this week.

The well-off are receiving tax breaks on pension contributions worth on average 20 times those of ordinary workers, according to reports.

Symponia, a membership body which provides information around managing care fees, is to launch four sister companies offering a wider range of services.

Legal & General (L&G) has reported increased pension assets of £429m in the third quarter as a result of auto-enrolment.

Rowanmoor Group has reported its largest yearly increase in scheme take-up in its six years of trading.

Square One Financial Planning has developed a service to advise clients on their options around long-term care funding.