More than two-thirds of pension trustees feel that the amount of legislation and pace of change in the pensions industry is too fast, and many believe it is hindering their ability to perform their duties, according to research published by MetLife Assurance today.
The government needs to follow through on its commitment to formally set out how it plans to tackle the rapid rise in whiplash claims resulting from road accidents, the Association of British Insurers said today.
The funding position of the UKs defined benefit pension schemes fell by almost a quarter in the 18 months between March 2011 and September 2012, official data revealed yesterday.
Plans to make it easier for people approaching retirement to get the best deal when they turn their pension pot into an annuity have been published for consultation by the Association of British Insurers.
The insurance and pensions industries need to find a way to encourage the ageing population to save more and for longer, the director general of the Association of British Insurers said yesterday.
Plans to remove restrictions on who can join the pension scheme established by the government as part of auto-enrolment, the National Employment Savings Trust, have been published for consultation today.
The European insurance industry regulator needs to take a leading role in addressing the confusion and frustration' being caused by uncertainty over new rules governing Europes insurers, KPMG said today.
The majority of senior finance executives at the UKs largest companies expect their defined benefit pension scheme to hamper their businesss financial performance over the next three years, according to research published today.
