Retirement

At least one large company with a defined benefit scheme is considering reopening the pension but on a risk-sharing basis, claims the Pensions Regulator.

Time is a strange construct; sometimes it seems to go ever so slowly and other times far too fast. In the world of pensions, this is further confused by the fact that a year does not always last 365 days.

The Pensions Regulator is planning to issue a series of questions which trustees should ask advisers to determine the suitability of advice and how to manage conflicts of interest.

James Purnell, Minister for Pensions Reform, has announced further details of the funding review which will look at ways to increase the assistance given to workers who lost their pensions when schemes closed under-funded.

Legal & General has lost its finance director of UK operations to bulk annuity rival Synesis Life.

Changes announced in the Budget mean the State Second Pension may not become flat-rate until 2035, four years later than planned, claims the Pensions Management Institute.

A vocational qualification for administrators of Self Invested Personal Pensions (Sipps) and Small Self Administered Schemes (Ssas) has been launched by the Pensions Management Institute.

The danger of ‘levelling down' existing pension schemes by making employer contributions compulsory in personal accounts may have been "overstated" claims Lord Turner.

The personal accounts delivery authority should consider using ‘target date' funds instead of a ‘life-styling' approach, for the default fund of the new system, claims a new report.

The ‘downward spiral' in rental yields over recent years has continued into 2007, according to research from Landlord Mortgages.