pensions
Pension Institute : insurers offer defined benefit pension schemes a lifeline
Trustees of defined benefit (DB) pension schemes could secure savings of 10% or more when they de-risk their pensioner sections, thanks to the introduction...
UK : 61% of population unwilling to contribute more than 5% of salary to pension
New research from Friends Life reveals that over 61% of people would either opt out of a pension scheme altogether (26%) or would be...
ABI : consultation launched on annuity rates transparency
The ABI has launched a consultation on annuity rates transparency to help people approaching retirement get the best pension deal.
The consultation follows the publication,...
EIOPA : 2012 report on market developments now published
The European Insurance and Occupational Pensions Authority (EIOPA) has published today its 2012 IORP Report on Market Developments.
The report provides a general overview of...
UK : doctors take action over pensions
Thousands of British doctors took industrial action on Thursday for the first time in nearly 40 years, in a row over changes to their...
Aon Hewitt : US employees mare making progress towards retirement readiness
Stronger market returns and continued retirement savings behaviours by employees over the past few years have helped U.S. workers make progress in closing the...
Aviva : chief executive waives pay rise
British insurer Aviva on Monday said chief executive Andrew Moss had bowed to shareholder pressure and waived a pay rise that would have taken...
Standard Life : economic climate could lead to retirement rethink
Standard Life released new research suggesting that the UK could be heading towards a perfect retirement storm; one in five (21%) of 45-65 year...
Friends Life and Michael Johnson enjoy debate on pension reform
Michael Johnson, research fellow at the Centre for Policy Studies, joined Trevor Matthews CEO, Colin Williams director of corporate and Martin Palmer head of...
Pensions : regulator sets out strategic focus for next 3 years
The Pensions Regulator has set out in its fifth Corporate plan how it will help employers prepare for automatic enrolment, improve standards in the...
Younger Brits more likely to access pension pot early
Younger Brits are more likely to take advantage of early access to pension money than their babyboomer parents, according to research from AXA Wealth.
Over...
EIOPA established its new stakeholder groups
The European Insurance and occupational Pensions Authority (EIOPA) today announced the members of its two stakeholder groups, the Insurance and Reinsurance Stakeholder Group as...
Babcock and Aon Hewitt announce Thurso pensions administration partnership
Babcock International Group plc (Babcock) has announced a partnership with Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation which...
UK: Career mobility could lead to ‘lost’ retirement funds
- Multiple pension pots becoming the norm as people change jobs more often
- More than half of Britons unaware how to access previous pension...
Pensions : Aon Hewitt response to EC Green Paper
In its response to the European Commission's (EC) Green Paper on pensions, Aon Hewitt has made an appeal for an avoidance of new EU...
Smallest pension scheme deficits in over a year
The pensions deficit of the 200 largest privately sponsored final salary schemes has reached its smallest level since September 2009 and stood at £69bn...
Announcement : Insurer Aviva says to withdraw from Taiwan
British insurer Aviva said on Tuesday that it was withdrawing from Taiwan because it did not expect to meet group financial targets there.
The announcement...
Announcement : Aviva says profits to grow this year as sales rise
U.K. insurer Aviva PLC Tuesday said it is positioned to deliver strong, profitable growth and "outstanding capital generation" for 2010 after it posted a...
AEGON to sell third party pensions administration business to Goddard Perry
AEGON UK has agreed the sale of its third party pension’s administration business to corporate consultants Goddard Perry.
AEGON’s third party pensions administration business is...
Aon Hewitt : 2011 tax changes deadline will be tight
A survey by Aon Hewitt of over 300 pensions professionals has indicated that companies are seeing the April 2011 deadline for changes to pensions...
