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News

Four of top five annuity providers increase ratesFour of the top five annuity providers in the UK increased their rates by 2% in September, according to the Annuity Bureau 14 October 2013
NAPF highlights pensions confidence boostConfidence in pension schemes has risen 'significantly' in among those workers who have already started to save, the National Association of Pension Funds revealed today. 14 October 2013
Auto-enrolment regulations revised after first yearPension minister Steve Webb has today announced a series of technical changes to the government's auto-enrolment programme that are intended to make it easier for smaller companies to add their workers into a pension scheme. 11 October 2013
Firefighters announce further strikes in pensions disputeFirefighters in England and Wales are to strike again next week over what they claim are government 'attacks' on their pensions, the Fire Brigades Union announced today. 11 October 2013
UK 'must learn from Netherlands' flawed collective DC schemes'The UK needs to learn from the mistakes of the Netherlands if is to introduce collective defined contribution (CDC) schemes, European risk advisers Cardano said today 10 October 2013
Auto-enrolment numbers pass 1.6 million markMore than 1.6 million workers are now saving for retirement through an auto-enrolment pension scheme, the Department for Work and Pensions announced today 10 October 2013
Savings slump for pre-retirees, Aviva findsFour out of ten people aged between 55 and 64 saved nothing during the past year as the cost of living continued to rise, according to a report by insurers Aviva. 10 October 2013
Disasters cost world economy $15bn in September, says AonThe lack of national disaster insurance, last month, cost the global economy $15bn, according to a report published today 09 October 2013
Contractors forced to maintain public sector pension rightsPrivate firms who take over public services will be required to continue offering public sector pensions to transferring staff, the Treasury has announced. 08 October 2013
Pension schemes 'open to attraction of alternative assets'Pension trustees are now willing to accept that alternative assets have both a key role to play in reducing portfolio risk and offer the chance of delivering attractive returns, according to a poll by Aon Hewitt. 08 October 2013