Investment

Norwich Union has returned £10m in unclaimed assets to investors as part of a comprehensive review of unclaimed policies.

Most investors will miss the upward bounces of the FTSE next year, according to Rowanmoor Pensions joint MD David Seaton.

The Pension Protection Fund has rejected claims it will be forced to cut member benefits as a result of the recession.

Service levels are set to become a key battleground for SIPP providers as competition hots up.

Advisers and providers have rejected claims pension fees can swallow up to 40% of cash invested by savers over the lifetime of a policy.

The DWP has begun a consultation on the effects of age discrimination on employers' flexible retirement policies.

Thousands of public sector pensioners could see their benefits reduced after 30 years of overpayments by Xafinity were revealed by the Liberal Democrats.

Norwich Union has confirmed it will reduce adviser commission on some of its pension products in the New Year.

EMPLOYEES are missing out on more than £5bn a year by failing to join company pension schemes, Prudential says.

The Government should apologise for its handling of Equitable Life and pay compensation, demands a House of Commons Select Committee including MPs from all the major political parties.