July
2004
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Small
increase equals big loss
Six out of ten manufacturers believe pension schemes will
be unaffordable if employer contributions increase by as little
as 3-4%, according to new research from consultancy RSM Robson
Rhodes |
29/07/04 |
Trust
a must, despite new regulation
The majority of pensions and insurance companies believe
that new regulation such as depolarisation and Sandler will
have minimal impact on their business, according to a recent
study by IDL Research |
28/07/04 |
Online
A-day learning for IFAs
A new section aimed at supporting independent financial
advisers in the run-up to A-day has been added to the Scottish
Life website |
28/07/04 |
Japan's
the one to watch
Despite the short-term fluctuations in Japan's economy,
the fundamentals that have underpinned recent economic progress
will continue to drive long-term growth, according to Merrill
Lynch Investment Managers (MLIM) |
28/07/04 |
Time
to get people saving again
The Treasury Select Committee's report on restoring confidence
in long-term savings concluded that the efficient working of
the long-term savings market is vital for the prosperity of
savers and the wider economy |
27/07/04 |
CSAM
predicts strong property returns
Commercial property looks set to maintain strong performance
with returns remaining stable and consistent, according to Credit
Suisse Asset Management (CSAM) |
26/07/04 |
DB
trend breaking says Watson Wyatt
Despite the trend of closing final salary schemes to new
employees, a "hard core" of employers look set to
keep their schemes open, according to consultants Watson Wyatt
|
22/07/04 |
Willetts
attempts to close the gap
In an effort close the ever widening savings gap, David
Willetts, shadow secretary of state for work and pensions, has
launched a government-backed saving product dubbed the Lifetime
Savings Account (LiSA) |
22/07/04 |
Pension
Credit's great, but what is it?
Thanks to the Pension Credit, 1.83 million pensioner households
are getting more money than was the case under the old Minimum
Income Guarantee (MIG) system, according to a report from the
DWP |
22/07/04 |
No-one
is saving, it would seem
Not that it's much of a surprise, but new research from
Accenture HR Services has found that many Britons are not saving
for retirement |
22/07/04 |
Report
shows progress since Myners but more needed
Three years on and the Department for Work and Pensions
has published its report on the extent to which pension trustees
have implemented the Myners Principles |
21/07/04 |
CBI
outlines route to reform
A 22-point action plan aimed at tackling the shortfalls
in today's pensions system has been launched by the CBI |
19/07/04 |
B&CE
launches new set of tools
B&CE Benefit Schemes, the not-for-profit provider of
employee benefits to the construction industry, has launched
a nationwide employee presentation programme |
18/07/04 |
NAB
closes UK custody arm
National Australia Bank is closing its UK custodian operation,
National Custodian Services (NCS) UK, due to increasing cost
pressures, and will be transferring its existing UK clients
to The Bank of New York (subject to client approval) |
14/07/04 |
Pension
funds spice it up
Institutional investors around the world are increasing
their exposure to alternatives, with hedge funds and property
the most popular new assets, according to a recent survey conducted
by Watson Wyatt and Global Investor magazine |
09/07/04 |
UK
pension income set to boom
UK life and pensions premium income is set to increase by
more than 40% in the next four years to approximately £75bn,
according to a new report from independent market analyst, Datamonitor
|
07/07/04 |
Majority
of new trustees in the dark
Eighty-five per cent of trustees have little idea of what
they are letting themselves in for when appointed, revealed
a recent survey from the Pensions Managament Institute |
05/07/04 |
ISIS
and F&C announce merger
ISIS (which is owned by financial service company Friends
Provident) and F&C have announced that they are to merge
in a move that will create the fourth largest asset manager
in the UK |
02/07/04 |
