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News
Variable annuity sales reach record level
Sales of annuities which offer variable levels of payout depending on how they are invested reached a record £1.42bn in the UK last year, Towers Watson revealed today.
12 March 2013
Just 13 FTSE 100 firms have a pension surplus, says JLT
The proportion of the UK's leading companies whose defined benefit pension scheme is in surplus is continuing to fall, JLT Pension Capital Strategies said today.
11 March 2013
Webb hails 'stunning success' of auto-enrolment
The early signs are that pensions auto-enrolment has been a 'stunning success', Pensions Minister Steve Webb has claimed.
11 March 2013
DC pension default funds 'overwhelmingly invested in equities'
The vast majority of the assets in the default funds used by the UK's leading companies' defined contribution pension schemes are invested in equities, according to research published by Schroders yesterday.
08 March 2013
Smoothing assets and liabilities could backfire, pension funds warn
Government plans to allow pension schemes to 'smooth' the value of their assets and liabilities over a number of years could do 'more harm than good' the National Association of Pension Funds claimed yesterday.
08 March 2013
Independence 'will push up Scottish employers' pension costs'
Scottish independence will increase the cost of pension provision for employers and could mean they require support from the state, Xafinity has warned.
07 March 2013
Limit on council pension fund infrastructure investment doubled
Local authority pension funds will be able to double the amount they can invest in infrastructure projects from the beginning of next month, under plans confirmed by ministers yesterday.
07 March 2013
DC pensions must be refined to produce good outcomes, says OECD
The UK is making good progress towards developing a sustainable defined contribution pension system but must do more to focus on providing adequate outcomes for savers, the Organisation for Economic Co-operation and Development said yesterday.
06 March 2013
'Safe driver' plans could cut young drivers' premiums by 20%, says ABI
Introducing a one year minimum learning period and a zero blood alcohol limit for young drivers could help to reduce their motor insurance premiums by between 15-20%, the Association of British Insurers claimed today.
05 March 2013
EIOPA urges action to address impact of low interest rates on insurers
The European Union's insurance regulator has called on member states to take a co-ordinated approach to address the damage that persistently low interest rates are causing to the insurance industry.
05 March 2013
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FEATURE
Steve Webb: the pensions revolutionary
Nick Mann meets Steve Webb, the government minister charged with managing massive changes in workplace and state pension provision
PEOPLE & SOCIETIES NEWS
Social news round up, May 2013
Social news round up, April 2013
Social news round up, March 2013
People & Moves, March
Social news round-up - Jan/Feb 2013
Mortality and morbidity: tell us your views
Social news round-up - December 2012
The Actuary Magazine editorial roles
More people & societies news
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