News

The Budget has increased the lifetime allowance by £50,000 to £1.65m and lifted the annual scheme allowance by £10,000 to £235,000.

EXTENDING the powers of The Pensions Regulator over scheme-specific funding could undermine trusteeship, Hymans Robertson claims.

Accounting Standards Board proposals to change the discount rate currently used for calculating scheme liabilities are "perverse", Paternoster warns.

There is no permanent or inherent cost in taking an ethical investment stance, Jewson Associates says.

Just Retirement sales up

Treasury-style money market funds are gaining in popularity with pension schemes and other investors despite the affects of the credit crunch, Fidelity International says.

THE International Accounting Standards Board has published a discussion paper suggesting reforms to pensions accounting standard, IAS19.

Aberdeen Property Investors has predicted European property returns of just 1.9pc in 2008 as a result of declining capital values.

Finland-based Pension Fennia announced its market share in 2007 was up from 10.2pc to 10.6pc, despite a challenging investment market.

Employers should be willing to share some pension risk with employees and members, an industry survey shows.