Alliance Boots is leaving itself open to mis-selling claims from its thousands of pensioners after it offered to change the way their plans are paid, its former finance chief said yesterday.
The latest round of quantitative easing (QE) sparked a surprise rise in gilt yields yesterday, despite fears of long-term falls which could increase pension scheme liabilities.
Standard Life has revealed it is working with the National Employment Savings Trust to integrate the scheme into its proposition to clients ahead of auto-enrolment.
Pension funds are calling for an urgent meeting with The Pensions Regulator to discuss ways of protecting UK schemes from the negative effects of quantitative easing, after the Bank today expanded the programme by £75bn.
The Bank of England's (BoE) second round of quantitative easing (QE) will be a "Titanic disaster" for pension schemes and members, Saga says.
UK pensioners are paying £34bn in tax according to research from MetLife.
Pensioners have been warned by police to keep a lookout when using cash point machines, following a number of "distraction thefts" outside banks and building societies in Coventry.
Retirement Planner's round up of the top pensions stories.
Advisers have welcomed plans to introduce a compulsory code of practice for insurers which is designed to encourage consumers to shop around for an appropriate annuity when they approach retirement.