Retirement

The Financial Ombudsman Service (FOS) will not seek to redact the names of businesses when it makes public its final decisions following a client complaint.

A Barclays bank manager investigated a colleague's £20,000 theft from a customer aged 95 - then stole £23,000 from the same pensioner by copying the crime.

Practicing financial advisers will not have to sit further examinations if the FSA increases the qualification standards for pension transfers.

The National Employment Savings Trust (NEST) will allow employers to make pension contributions using a debit card, a payment method most other providers shy away from.

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.