The value of public sector pensions has been cut by a quarter and future reform will need ‘trade-offs between adequacy and affordability', according to the Pensions Policy Institute (PPI).
Curtis Banks has launched an online portal for SSAS clients in a bid to equalize its SIPP and SSAS offerings.
Almost a quarter of IFAs say they are growing their businesses and have increased profitability compared to just 15% in June.
The vast majority of independent advisers see the RDR as a 'great commercial opportunity', although more onerous CPD and record-keeping requirements remain a concern, research suggests.
HSBC today launches Workplace Retirement Services (WRS) for corporate IFAs and employee benefits consultants to offer defined contribution (DC) pension products and services.
NEST's reliance on gilts to provide steady growth in its default fund will leave many of the most vulnerable savers with the lowest income exposed to inflation, No Monkey Business (NMB) warns.
The banning of commission from 2012 will lead to adverse cost impacts for three quarters of employers, Jelf Employee Benefits (JEB) warns.
Employee benefit consultancy Jardine Lloyd Thompson (JLT) has unveiled a new wealth management offering merging its existing services with those of latest acquisition iimia Wealth Management.
Austria has suspended financial aid to Greece and claims the debt-stricken country failed to comply with the tax revenue targets agreed in the rescue deal.
A consultation on legislation overriding the rules linking pension increases to RPI will go ahead, pensions minister Steve Webb revealed at the TUC Member Trustee Network annual conference.