Investment

Royal Assent of the Finance Bill last week failed to grab industry attention because many people are still waiting for additional details in the Pensions Bill, say pension experts.

David Willetts, shadow secretary of state for work and pensions, has unveiled proposals for a "flexible" savings wrapper allowing partial withdrawals of personal contributions before retirement, as the Tory Party's pitch to solve the UK's savings crisis....

Tony Hobman, chief executive of OPRA, the Occupational Pensions Regulatory Authority, has been chosen by Andrew Smith, secretary of state for work and pensions, to become the chief executive designate of the new Pensions Regulator.

The NAPF has warned political parties and the Pensions Commission Chairman changes to the regulatory framework are could kill off future forms of defined benefit schemes where risks are shared between employer and employee.

Forcing pensioners, and then often the poorest of them, to account for every penny of savings and income is undermining access to state pension benefits, the Citizens Advice Bureau says.

Pearl has signed a deal with Prudential to provide its personal pension customers with access to Pru's annuities when their plan matures.

IFAs need to prepare a checklist and start reviewing their clients' portfolios NOW if they want to avoid being accused of giving less than adequate advise on pending pensions legislation, warns Winterthur Life.

Pension scheme members currently eligible to more than 25% tax-free cash risk losing out if they transfer to another pension arrangement post A-day, warns pensions expert Steve Bee.

Consumers should be scared into long-term savings if Britain is to avoid seeing the current savings gap turn into a full-blown pensions crisis, warns a pension expert.

SIPP provider Pointon York SIPP Solutions (PY) has teamed up with estate agent Jackson-Stops and Staff to provide a property search service for IFAs and their clients looking for commercial property deals.