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Investment

Investment

SOFA urges Revenue to change death benefit proposals

The Inland Revenue should change its latest proposals on death benefits, urges the Society of Financial Advisers, as the rules are both unequal in their treatment of different pension types as well as "too complex".

clock 05 March 2004 •

Investment

Smokers can live richer, shorter lives in retirement

National non-smoking day, 10 March, is fast approaching, but it is not all bad news for smokers, as the Annuity Bureau is keen to point out.

clock 04 March 2004 •

Investment

IFAs have yet to tap the £11bn drawdown market

IFAs could tap into a £11bn market if they would advice their drawdown clients in older style contracts to transfer to a new provider, says Scottish Equitable.

clock 04 March 2004 •

Investment

PPI warns private savings will merely match State benefits

Many people saving for their retirement will not be any better off, warns the Pensions Policy Institute, as the money they have managed to tuck away will simply replace state benefits that would otherwise have been payable.

clock 03 March 2004 •

Investment

NCC says Pensions Bill will not solve crisis

The government's Pensions Bill will NOT solve the current savings gap unless the final draft includes radical changes to Britain's entire pensions framework, warns the National Consumer Council.

clock 02 March 2004 •

Investment

FSMA review could increase IFA competition, and mis-buying

Corporate IFAs face further competition from other "professional firms" if the government decides to loosen Financial Services and Markets Act rules regulating occupational pensions trustees' investment activities.

clock 27 February 2004 •

Investment

Slow movement on combined pension statements

Figures published by the DWP today imply it could take up to 12 years before the entire working population of the UK receives combined pensions forecasts as a matter of course.

clock 25 February 2004 •

Investment

PIMA urges gov't recognition of ISAs for pensions

The Pep and Isa Managers Association is urging the government to reconsider the position of the tax efficient savings it represents within the scope of the Pensions Bill, which comes up for its second reading next week.

clock 25 February 2004 •

Investment

State pension deferment "lump sum" to be less than DWP proposed

Size of the lump sum gained when deferring state pensions will NOT be as big as initially proposed in the Pensions Bill published two weeks ago, reveals the latest announcement from the Department for Work and Pensions.

clock 24 February 2004 •

Investment

Confidence in savings market still shaky - ABI stats

Consumer confidence in the UK financial services industry may not be moving as quickly as anticipated, according to new business figures from the Association of British Insurers.

clock 23 February 2004 •
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