Pensions

More than 160 expressions of interest have been made from asset managers hoping to manage NEST's first five investment funds.

The government has published its Pensions Bill today, covering proposed changes to auto-enrolment.

The government will today confirm the scrapping of the default retirement age (DRA) from April, meaning employers will no longer be able to dismiss staff when they turn 65.

The legalisation of pre-nuptial agreements could make pensions on divorce more complex by putting limits on sharing orders, a lawyer has warned.

The National Employment Savings Trust (NEST) has launched a phrasebook aimed at demystifying pensions for its target market.

The government has claimed people on an average income reaching the state retirement age this year will gain £10,000 through their state pensions as a result of recent changes.

Dr Ros Altmann has called on the government to reintroduce inflation-linked certificates as pensioners battle the rising cost of living.

Positive Solutions and Origen posted a combined £1m profit in the third quarter as parent company Aegon noted a "considerable" decline in the value of new business.

The final salary link in public service pensions is "inherently unfair" and can lead to high-flyers getting almost twice as much back in pensions than those on more modest earnings making the same contributions, Lord Hutton says.

Tory MP Ken Clarke has given up the lucrative grace-and-favour pension pot he is entitled to as Lord Chancellor.