At least 30% of defined benefit occupational pension schemes are prepared to risk ‘triggering' regulatory follow-up by setting funding targets below the levels set by the Pensions Regulator.
Nearly two-thirds of advisers have seen an increase in Self Invested Personal Pension business since A-Day, claims Alliance Trust Savings.
THE Bank of Scotland Annuity Service has estimated four out of ten people who are about to retire could be eligible to receive a bigger pension by considering an impaired life or enhanced rate annuity.
James Purnell, Minister for Pensions Reform, has hinted the government's response to the personal accounts white paper will reject the idea of including any additional benefits or "bells and whistles" to the scheme, such as death benefits, or early drawdown....
Cross party consensus has been achieved on the principle of personal accounts, but discussions are still ongoing about the details of the new system, says George Osborne.
Wholly and exclusively. Sounds more like part of a marriage pledge than something to do with pensions tax relief. Yet these three words have already created more heartache than a thousand divorces.
Progress from Royal Liver has launched a website to help adviser firms adopt the principles of TCF.
The Consumer Panel has hit out at the regulator for not demanding firms directly contact up to 120,000 people potentially mis-sold in contracting out of the State Second Pension (SERPS/S2P).
The Pensions Regulator has set out its priorities for the next three years in its Corporate Business Plan, which includes working with the government on the implementation of personal accounts.
Apathy about retirement is driving nearly two-thirds of workers to support auto-enrolment into pension schemes, claims new research from B&CE Benefit Schemes.