Employers forced to cut pay rises to pay for pension plans; Companies warned not to dismiss pay revolts; Axa asks staff to give up index-linked pensions; Pensions worry QE2 will raise liabilities; High price for overstating inflation
A group of UK financial trade associations has published guidance to help pension fund trustees better understand the securities lending market.
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The coalition government has issued an ultimatum to the Association of British Insurers over its opposition to the open market option, PP understands.
Aviva Investors chief executive Alain Dromer has been named the next Association of British Insurers investment committee chairman.
Reforming the Age 75 rule will reinvigorate the retirement income market but care should be taken not to undermine the annuity sector, the ABI warns.
The Association of British Insurers has unveiled a four-point action plan to reinvigorate UK pension saving.
Legal & General chief executive Tim Breedon will replace Archie Kane as chairman of the Association of British Insurers in July, the trade association says.
Association of British Insurers director of investment affairs Peter Montagnon has quit after almost 10 years at the trade association.
The Association of British Insurers is set to tackle the issue of at-retirement apathy with the launch of updated "wake up" packs for savers approaching retirement.