News

A conference on prepaid gift cards and vouchers will be held next month to promote them as an employee benefit.

Hewitt Associates has bought New Bridge Street Consultants in a bid to boost its executive compensation practice.

Applications for clearance have remained consistently high but levels of complexity have increased, The Pensions Regulator says.

Legal & General has made a £62m takeover bid for self-invested personal pension provider Suffolk Life.

Current conditions in the buyout market represent an ideal opportunity for sponsors and trustees to reduce their pension liabilities, Hewitt Associates says.

US - Employees of Sovereign Bancorp have brought an action against the firm over alleged breaches of fiduciary responsibility following the sub-prime crisis.

The New Zealand Super­annuation Fund is to sell its Auckland International Airport shares to the Canadian Pension Plan Investment Board.

The Canada Pension Plan Investment Board has joined a consortium that plans to bid for the chance to start a new wireless company.

Scheme members are putting their long-term financial future at risk by taking pension payment breaks, Brewin Dolphin warns.

HM Revenue and Customs has closed a loophole that allowed pension funds to be passed on tax-free at death, Standard Life says.