Standard Life

Last October Callum McCarthy started a speech he delivered at Gleneagles by saying that in the 18th Century we exported our convicts to Australia. It appears that at the start of the 21st Century some (Australians, not convicts!) have made the return...

HSBC has teamed up with insurer Standard Life to target self-invested personal pensions at small to medium businesses and commercial customers of the bank.

Trevor Matthews, chief executive of UK life and pensions at Standard Life, was this morning forced to apologise to staff for racist comments made in an internal pensions presentation.

Advisers should be aware consolidating occupational schemes into another personal pension contract could lead to a loss of tax-free cash for their clients, says Standard Life.

SEVERAL hundred Standard Life employees are expected to attend an open meeting on the company's proposed pension changes organised by the Amicus trade union today in Edinburgh, says the Scotsman .

HM Revenue & Customs has admitted some of the schemes listed on its site as recognised cross-border pension schemes may still not allow transfers from the UK.

One of Britain's largest sellers of investment products is preparing to float on the stock market in a move which could net each of its two founders a £240m fortune, says the Sunday Times .

The government has announced regulations relating to the calculation of transfer values for defined benefit schemes will not come into force until April 2008.

Regulations setting out a scheme specific approach to calculating defined benefit pension transfers will not stop employers offering members ‘encouragements' to transfer out of the scheme.

John Hutton, Secretary of State for Work and Pensions, has effectively quashed suggestions of a u-turn on the removal of the restrictions relating to protected rights.