Retirement

Mike Douglas has taken up a new role at Scottish Equitable as managing director of its annuities operation.

The Association of Consulting Actuaries says its members favour a scheme-specific method of calculating pension transfer values, ignoring the option developed by the Actuarial Profession.

Despite recent coverage of proposed pension reforms, over two million workers believe the state will provide an adequate pension, says B&CE Benefit Schemes.

Two modules on scheme funding for trustees of defined benefit schemes have been added to the ‘Trustee Toolkit'.

Guidance on how to implement arrangements for member-nominated trustees and directors has been published by the Pensions Regulator.

Saga has joined the campaign to restore pensions for up to 125,000 workers who lost out when their companies collapsed.

Over 90% of advisers believe in the future their clients will consider equity release as a way of supplementing their retirement income.

Draft pension regulations on the disclosure of information scheduled to come into effect in October, will no longer go ahead.

Calculations of pension transfer values for defined benefit schemes should be made simpler and fairer to the transferring employee claims Standard Life.

Prudential has signalled its intention to build a bigger presence in the individual pensions market by adding a deferred sipp to its retirement funds proposition.