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Retirement

Investment

PPF regulations released for consultation

Regulations governing the Pension Protection Fund (PPF) have been released for consultation by the Department for Work and Pensions (DWP).

clock 09 November 2005 •

Investment

A-day customer service to cost £100m

Pension Simplification could leave the pensions industry facing a £100m customer service bill, answering questions from IFAs and customers about the A-day changes, claims software company Transversal.

clock 08 November 2005 •

Investment

Hutton determined to carry on reform

On his first Ministerial appearance since taking over the role of Secretary of State for Work and Pensions, John Hutton has said he is determined to carry on his predecesor's programme of reform.

clock 08 November 2005 •

Mortgages

Consumers confused about equity release says KRS

More than half of UK consumers believe equity release is risky due to serious misconceptions they hold about these products, new research reveals.

clock 08 November 2005 •

Investment

Proposed drawdown figures could reduce income by 40%

Under new maximum drawdown levels published for consultation, a person moving to an alternatively secured pension when they reach 75 could see a drop in maximum income of around 40%.

clock 08 November 2005 •

Investment

More drawdown products to use installation fees - Defaqto

More income drawdown products will start charging installation or set up fees after the A-day changes come into effect, claims a new report by Defaqto.

clock 08 November 2005 •

Investment

Women's pensions is not a minority issue - EOC

A Women's Pension Network is being co-ordinated by the Equal Opportunities Commission (EOC) as part of a campaign to reform the pensions system and close the pensions gap.

clock 07 November 2005 •

Investment

Auto-enrolment doubts from employers and workers - DWP

Government research into automatic enrolment has revealed that although it is likely to increase employee membership, both employers and employees have their doubts about the system.

clock 07 November 2005 •

Investment

Property in Sipps is not for everyone

People must not be seduced into placing property into Self-invested personal pensions (Sipp) once the A-day regulations come into effect in April next year, claims the Actuarial Profession.

clock 07 November 2005 •

Investment

'Puppet trustee' pension thieves get total of 26 years

Five fraudsters who used puppet trustees as a tool to steal almost £3m from a final salary pension fund have been jailed for a combined total of 26 years.

clock 04 November 2005 •
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