United Kingdom | Thursday, 21 August 2008

Pension Articles

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1. CBI warns on excessive pensions regulation
Excess regulation is increasing the risk of final-salary pension schemes being closed or bought out, the Confederation of British Industry said on Wednesday, joining growing criticism of new rules facing the industry.
18 Aug 2008
2. More pension schemes to offload liabilities
Around half of private sector final-salary pension schemes expect to offload their liabilities to a specialist provider, according to research released on Thursday by consultancy firm Watson Wyatt.
17 Jul 2008
3. Pension funds move from equities to bonds
Almost half of final salary pension funds have moved assets from equities to bonds in the past year, as they respond to market volatility and aim to match assets more closely with liabilities, figures show.
09 Jul 2008
4. Pensioners bear brunt of British inflation
Pensioners have seen the average cost of living soar by more than a third during the past 10 years, research showed on Saturday.
07 Jul 2008
5. Standard Chartered not selling its pension scheme
Standard Chartered has responded to reports that it is considering the sale of its £1 billion pension scheme.
16 Jun 2008
6. FSA finds pension providers flouting rules
Insurance companies are failing to comply with rules designed to ensure consumers get the best deal when they retire, the City watchdog has found.
15 May 2008
7. Pensions fall short on life expectancy
Some of Britain's top companies have increased pension scheme life expectancy assumptions, adding billion of pounds to their liabilities, but remain way off regulatory guidelines, pension consultancy Mercer said.
14 May 2008
8. Pension buyouts could hit 10 billion
The value of pension buyout deals could hit 10 billion pounds in 2008, a three-fold increase on last year, a report by pensions advisory firm Lane Clarke & Peacock (LCP) said on Thursday.
08 May 2008
9. Hard-pressed savers cut pension contributions
Britons have cut their pension contributions by almost half in the past year as prices rise and credit becomes harder to obtain.
31 Mar 2008
10. Pension reform "threatens savings of thousands"
Government reform of the private pension system will sound the death knell for existing employee pension schemes with a total of 300,000 members, according to research.
11 Mar 2008
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