Retirement

Pensions Minister Mike O'Brien will propose an amendment to the Pensions Bill extending the definition of a qualifying member of the Financial Assistance Scheme (FAS).

Both the Pensions Commission and the Department for Work and Pensions have been very direct that the new personal accounts scheme must have low charges.

Almost three quarters of pension trustees would feel concerned if a private equity firm took over their scheme's sponsoring employer, according to research by Aon Consulting.

Rowanmoor Pensions has launched a life assurance scheme for active members of its small self-administered schemes (SSAS) or family pension trusts (FPT).

Norwich Union has announced it will pay £2.1bn in bonuses to 1.1 million of its with-profits policyholders.

Threadneedle has bought the full service defined contribution (DC) pension business of investment manager Invesco Perpetual for an undisclosed sum.

Employers seeking to avoid paying money into employees' pensions can use occupational schemes to side step their obligations under personal accounts, warns Standard Life.

The Pensions Regulator has published guidance on voluntary employer engagement in group personal pensions (GPPs).

Pension schemes experienced their highest volatility levels since June 2001 last month, according to Aon Consulting.

Increasing longevity has changed how people view their retirement. Paul Ayres discusses how advice and products need to develop to adapt to this changing situation