pensions

Five fraudsters who used puppet trustees as a tool to steal almost £3m from a final salary pension fund have been jailed for a combined total of 26 years.

MISYS, the IFA network owner, capitulated to shareholder pressure yesterday and announced plans for an independent chairman three years earlier than expected, according to this morning's papers.

The surprise appointment of John Hutton as the new Work and Pensions Secretary has left the pensions industry unsure of what will happen next.

Workplace pensions schemes are under strain and the contribution of the private sector to pensions, despite government targets, seems likely to fall rather than increase, claimed the chairman of the National Association of Pension Funds (NAPF).

Women will have to wait until 2025 before they all have the same basic state pension entitlement as men claims a new report on women and pensions by the Department of Work and Pensions (DWP).

Possible replacements for the new Secretary of State for Work and Pensions (DWP), following David Blunkett's resignation, are rumoured to include John Reid and Charles Clarke.

FRIENDS PROVIDENT, the life insurance company, said yesterday sales of life insurance and pension products were nearly a third higher than last year, says the Times .

Many companies are unprepared for the A-day changes which will affect high-earning executives, claims a new survey by Deloitte.

A draft Statutory Instrument for option three in the Treasury's consultation paper on the regulation of Self invested personal pensions has been published on the HM Revenue & Customs website almost two months before the end of the consultation period....

SOME OF Britain's most prominent business leaders have delivered a rebuke to Tony Blair after the government backed down on public-sector pension reform, according to The Times .