Investment

Pension scheme equity exposure has fallen below 50% for the first time ever, while UK pension funds achieved a weighted average return of -13.6% in 2008, research from BNY Mellon Asset Servicing reveals.

Bosses must engage with their employees during the auto-enrolment process to prevent people passively falling into occupational provision in 2012, The Pensions Regulator (TPR) says.

Just Retirement saw sales fall 8.6% over the past year, according to its half-year results published today.

The IMA is calling on the Government to raise the Isa allowance to £9,600 and urges further incentives to boost savings in the UK.

SHIP (Safe Homes Income Plans) will submit a manifesto to the Government this summer stressing the importance of equity release as a mainstream solution to the growing pensions gap.

The IMA is calling on the Government to raise the ISA allowance to £9,600 and urges further incentives to boost savings in the UK.

Norwich Union (NU) says it has regained its position as the number one provider of equity release products following a series of product innovations and promotions during 2008.

Zurich has appointed five pension specialists as part of its plans to increase business in the intermediary market.

The BBC's Panorama has been accused of scaring UK consumers away from pension saving.

People who have registered for enhanced protection could find it invalidated by 2012 auto-enrolment regulations and face "penal" charges, First Actuarial says.