Pensions minister Steve Webb has vowed short service refunds will not be part of the future pensions landscape, and warned employers not to factor them in when selecting a scheme.
Entrepreneur Ivan Massow, fresh from launching his new venture which aims to refund 'unearned' trail commission to retail customers, said he is confident the process does not fall foul of HMRC tax rules where it involves pension plans.
Retirement Planner's roundup of the top pensions stories this week.
The FSA noted a jump in advised sales of personal pensions in 2010/11 compared with the previous year, and said this could reflect pension switching, a practice it pointed out some firms had failed to carry out appropriately in the past.
Question: How does AEGON's ULG plans differ from others? Why would your ULG's be a better investment for my clients?
Trade unions meet today to discuss potential strikes at the NHS as they predict talks with the government over pension reform will collapse.
Tommy Young has been appointed chief operating officer for Aegon UK's life and pensions business.
Retirement Planner's roundup of the top pensions stories this week.
Statutory watchdog Consumer Focus' report on pension advice was roundly condemned by advisers but was its criticism justified?
The Department for Work and Pensions (DWP) has confirmed when employers must pay pension contributions for workers on maternity leave after confusion over the law.