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Retirement

Investment

UK pension fund returns at five-year low

Real rates of return of UK pension funds in 2007 fell to the lowest level for five years, according to a report by International Financial Services London (IFSL).

clock 28 January 2008 •

Investment

Advisers expect rise in pension contributions

Almost 65% of advisers believe clients' pension contributions will increase over the next three years, according to a survey of 500 advisers by Skandia.

clock 28 January 2008 •

Regulation

TCF: The IFA perspective

The final deadlines for implementation of TCF come into force this year. David Burrows looks at the current state of play and the practical implications for adviser businesses...

clock 28 January 2008 •

Investment

Weslyan Assurance introduces new SIPP

Wesleyan Assurance Society has brought to market a SIPP targeting its core clientele; doctors, dentists and lawyers.

clock 25 January 2008 •

Investment

Annuity options must be explained to clients - Pru

The Prudential Retirement Income Panel has called for pension providers to improve their explanations of annuity options to clients to avoid heightened regulation.

clock 25 January 2008 •

Investment

James Purnell replaces Hain

James Purnell, the Secretary for Culture, Media and Sport, has replaced Peter Hain as Secretary of State for Work and Pensions, reports the BBC.

clock 24 January 2008 •

Investment

Hain resigns over undeclared donations

Peter Hain, Secretary of State for Work and Pensions, has resigned over his failure to declare £103,000 in party donations.

clock 24 January 2008 •

Investment

Axa/Winterthur streamline with new hires

Axa and Winterthur Wealth Management have streamlined the businesses with three senior appointments.

clock 24 January 2008 •

Investment

Fund managers call for single Euro pensions market

The European Commission should create a single occupational pension market, the European Fund and Asset Management Association (EFAMA) says.

clock 24 January 2008 •

Investment

Personal accounts already cost taxpayer £6m

Setting up personal accounts has already cost the taxpayer more than £6m, says Pensions Minister Mike O'Brien.

clock 23 January 2008 •
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