Lehman Brothers has emerged from bankruptcy and is now a liquidating company that will begin the process of paying back its creditors and investors before finally being wound up.
Retirement Planner's round-up of the top pension stories this week
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Charles Stanley has appointed Cofunds as its fund custodian in a deal which will see £1.2bn of funds moved across to the platform's institutional arm.
Business secretary Vince Cable has signalled that the Liberal Democrats are willing to scrap the 50p tax rate, in exchange for a "mansion tax" on high value property.
The government must make reforms to improve transparency and clarity around tax on annuities and trivial commutation of pension pots, the Office for Tax Simplification (OTS) has said.
The price of oil could rocket to $200 a barrel this year, triggering a flash crash in stock markets, according to Rathbones' David Coombs.
The government is planning an overhaul of the way it grants tax relief on pensions which will cost the pension industry, employers and the government "hundreds of millions", an expert has warned.
Mayor of London Boris Johnson has written to The Prudential in an attempt to convince the insurer not to relocate its headquarters to Hong Kong.