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Retirement

Investment

One million workers to rely on State pension alone

One million workers will have to rely solely on the State pension scheme to fund their retirement claims, according to research by B&CE Benefit Schemes.

clock 21 November 2005 •

Investment

NU to withdraw pension products ahead of A-Day

Norwich Union is withdrawing five of their pension products from the marketplace because of the new pension simplification rules after A-Day.

clock 21 November 2005 •

Investment

DB schemes' worries over deficits and regulation - NAPF

The biggest concerns for the future for private sector defined benefit schemes are deficits, regulations and Pension Protection Fund (PPF) levies, according to the National Association of Pension Funds (NAPF).

clock 18 November 2005 •

Investment

Government committed to reduce pensions regulation - Timms

The government is determined to remove unnecessary regulation and simplify regulatory burdens to address concerns of pensions schemes over reforms, Stephen told today's NAPF conference.

clock 17 November 2005 •

Investment

Trustees should embrace governance or "face compulsion"

Internal controls required by pension funds to promote trustee competency under new pensions legislation, could be made compulsory if trustees and advisers do not actively embrace the guidelines, warns consultancy firm Watson Wyatt.

clock 17 November 2005 •

Investment

State to become minority supplier of pension income

State benefits will no longer provide the majority of our retirement income within a few years, claims a new report from Prudential.

clock 16 November 2005 •

Investment

DWP and L&G launch the Pension Increase Pledge

The Department of Work and Pensions (DWP) is launching a five year research study into whether employees already enrolled in workplace pensions can be encouraged to save more with automatic increases to their contributions each year.

clock 15 November 2005 •

Investment

A-Day changes confuse over 50% of investors

Over 50% of active investors are confused by the upcoming A-Day changes to pensions, claims a new survey from TD Waterhouse.

clock 15 November 2005 •

Investment

Pensions Regulator issues short consult on EU requirements

The Pensions Regulator has revealed its approach to the cross-border requirements of the Occupational Pensions Directive, in a consultation document that will last for just four weeks.

clock 15 November 2005 •

Investment

Public sector pensions could cost £817bn

Government estimates of the cost of public sector pensions are far too optimistic because they do not take proper account of trends in mortality claims a new study from the Institute of Economic Affairs (IEA).

clock 14 November 2005 •
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