Retirement

State pension reforms proposed by the Pensions Commission are too complex, while the introduction of a National Pensions Savings Scheme (NPSS) could lead to small firms closing schemes altogether, claims a new survey from the Association of Consulting...

The European Parliamentary Financial Services Forum (EPFSF) has suggested the EU Directive on the portability of occupational pensions could add significant costs to employers or even worse result in scheme closures.

The Trades Union Congress (TUC) has stated no real reform of pensions will work unless the state pension is linked to earnings.

Although the Conservative Party's pension policy is still under review, the party is likely to still support the scrapping of compulsory annuities, Nigel Waterson, shadow minister for pensions has told IFAonline.

The Pensions Regulator has revealed it will not crack down on minor infringements of its trustee knowledge and understanding (TKU) requirements, as part of its medium term strategy.

Winterthur Life is planning to run a series of workshops on the issues arising from divorce settlements on pensions.

The Pensions Management Institute (PMI) has received approval from the Qualification and Curriculum Authority (QCA) for its two new qualifications for pension trustees.

Butterfield Private Bank is to hold a series of adviser seminars on Self Invested Personal Pensions across the country in May.

Enhanced protection forms published by Her Majesty's Revenue and Customs (HMRC) are causing confusion among scheme members and advisers.

Amendments to the pension simplification regulations published just before A-Day, reveal only 25% of protected rights in a pension can be taken as a pension commencement lump sum (PCLS), even if the scheme member is entitled to a higher amount.