Retirement

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.

The third and final report from the Pensions Commission has received a muted response from both the government and the insurance industry.

The Department for Work and Pensions has developed proposals for a private sector alternative to the National Pension Savings Scheme (NPSS) which is said to be modelled on those presented by the Association of British Insurers.

Alternative models to a National Pensions Savings Scheme (NPSS) have not convinced the Pensions Commission they would deliver a set of benefits which would justify the extra cost.

A National Pensions Savings Scheme (NPSS) is needed to help young people save for retirement, claims the Trades Union Congress (TUC).