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Legal & General chief executive John Pollock has warned that Government proposals could result in 1.7m pension savers in legacy schemes paying £4.3 billion in unnecessary charges.

The FCA may hold back on releasing its much-awaited final proposals on capital adequacy until as late as June 2014.

Claire Trott is leaving Suffolk Life to join rival Talbot & Muir as head of technical support from 5 December.

The Cass Business School and pension consultants Hymans Robertson have won a joint bid for the Longevity Basis Risk Quantification research project.

Charles Stanley & Co has been appointed as a Discretionary Fund Manager (DFM) partner to the new Liberty SIPP.

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