Retirement

The number of pension complaints received by the Financial Ombudsman Service (Fos) is falling, but the complaints themselves are becoming more complicated with most relating to sales advice.

Deutsche Bank and Eton Park International LLP are leading a consortium of backers for Mark Wood's new company Paternoster Limited, after announcing an investment of £500m of equity financing.

A ‘BritSaver' learning the lessons from the KiwiSaver in New Zealand could be a more appealing and less risky proposal than the National Pensions Savings Scheme (NPSS), according to the Pensions Policy Institute (PPI).

The popularity of Self-Invested Personal Pensions (SIPPs) is expected to grow by over 50% following A-Day, claims adviser research from FundsNetwork.

Advisers can still pay a critical part in the pensions market following A-Day by making investment portfolios the key focus, claims Defaqto.

The final draft code of practice for Member-Nominated Trustees (MNTs) and Directors on putting arrangements into place has been published by The Pensions Regulator, along with a provisional timetable for the issuing of outstanding codes.

The Industry Model designed by the Department of Work and Pensions (DWP) as an alternative to the National Pension Savings Scheme (NPSS), proposed by the Pensions Commission, will include a small panel of providers chosen by the Government.

Winterthur Life is to run a series of adviser workshops over the next six weeks to help them identify specific business opportunities post A-Day.

John Joe McGinley Marketing Communications Manager at Scottish Equitable looks at post Aday opportunities.

The Pensions Commission has acknowledged it would be "dangerous to proceed" with a national Pensions Savings Scheme (NPSS) without making allowance for individual advice if a compulsory employer contribution is not included.