Investment

Age Concern England has criticised the Government's decision to set the retirement age at 65 and called plans to allow employers to sack older people over that age threshold as ‘a cowardly u-turn'.

The Government has blueprinted its plans to set the retirement age at 65 and implement it by 2006.

David Norgrove has been appointed as first chair of the new Pensions Regulator (TPR).

The Conservatives have announced plans to eradicate the ‘bias' shown against women who contribute towards the state pensions system.

The Government has been warned it is facing a ‘last chance saloon' fight to stave off compulsion towards pensions.

As many as two in three manufacturing firms are in favour of some element of employer pensions compulsion, over and above current National Insurance, new research indicates.

The Pensions Regulator, established by the recent Pensions Act, has provided a first draft code of practice highlighting the importance of people involved in running pension schemes to report breaches of the law.

Educating and informing working Brits on pensions is crucial if the country is going to reverse a 60/40 ratio of state to private retirement provision and close the current savings gap, research indicates.

Wrap propositions have yet to be configured to cope with proposals for A-day reforms, suggests a new report, as some systems still do not offer fully integrated pensions support.

With an ever-encroaching A-Day, Abbey for Intermediaries has launched a CD to aid advisers to identify clients who might most need a review before simplification of the new pensions regime.