Thousands of Equitable Life victims who annuitised before 1992 will receive no compensation despite a proposed amendment to include them in the government's repayments package.

The level of compensation due to 10,000 Equitable Life customers who bought with-profits annuities before 1992 would be "impossible to calculate", Tory MP Jonathon Evans says.

The government plans to allow people who hold pensions to access debt relief orders (DROs), which provide a cheaper alternative to bankruptcy.

Paradigm Pensions' new employee benefits platform, Jargon Free Benefits, has been launched on Steve Bee's Jargon Free Pensions website.

The government has "grossly underestimated" the costs to small and medium-sized enterprises (SMEs) of auto-enrolling employees into a workplace pension scheme, the Federation of Small Businesses (FSB) says.

Aviva holds the top spot for level annuity rates this month, despite dropping £20 over October to £5,970 per annum.

FSA plans to include group personal pensions (GPPs) in existing rules regarding pensions advice could create barriers to saving and additional costs to employers, industry figures say.

The government will publish a formal response to its consultations on the Finance Bill 2011, including details on new pension annuitisation rules, on 9 December.

French president Nicolas Sarkozy's contentious measure to raise the state pension age from 60 to 62 has been passed by the second chamber.

Pointon York has launched a simplified version of its regular SIPP.