Investment

With less than a month until A-Day, the Association of British Insurers (ABI) is lobbying the Government to release final details and clarification on a number of outstanding issues and regulations.

With less than a month until A-Day, the Association of British Insurers (ABI) is lobbying the Government to release final details and clarification on a number of outstanding issues and regulations.

A permanent Pensions Commission should be established to ensure the link between increasing longevity and a rising state pension age remains fair, claims the Actuarial Profession.

Clerical Medical has announced it will assume the role of ‘authorised practitioner' of a pension scheme if asked to by the trustees.

Reform of the decumulation period of retirement has been largely overlooked by the government, regulators and the savings industry as a way of encouraging saving, claims the Actuarial Profession.

A charging scale for handling pension sharing orders when scheme members divorce has been updated by the National Association of Pension Funds (NAPF).

A shift towards defined contribution (DC) pension schemes, and the growing use of hedge funds is creating a vicious circle of short-termism which is harming the economy, claims the Trades Union Congress (TUC).

Large numbers of businesses are failing to tell their employees of the changes to their pension schemes following A-Day, claims Prudential.

Final regulations to outlaw age discrimination in the workplace have been published and laid before parliament by the Department of Trade and Industry (DTI).

Unfunded public sector pension liabilities have reached almost £1trn, which is more than 80% higher than recent government estimates, claims consulting firm Watson Wyatt.