Retirement

regulation

The government has an obligation to "devise and implement" a scheme to compensate Equitable Life policyholders, claims the EU Committee investigating the collapse of the insurer.

John Hutton, the Secretary of State for Work and Pensions, has confirmed the decision to extend the funding for the Financial Assistance Scheme was a result of the rulings in two recent court cases brought against the government.

Enhancements to pension transfer values is a practice which has been warned against by the industry for a while, but have recent decisions by government bodies and departments to crack down on the practice actually killed it off?

ADVISERS have been left high and dry by the FSA's u-turn on plans to scrap RU64, according to Merchant Investors.

ADVISERS should consider using more sophisticated combinations of annuities, drawdown products and phased retirement plans, according to Fidelity International.

NORWICH Union has launched a new pension service promise in an effort to deliver high service levels for IFAs and their clients.

A national system of generic advice could cost just £50m, less than half the estimated figure published in a Select Committee report, claims the Resolution Foundation.

Winterthur Life has revealed the restructured management team of its IFA business, which will be headed up by new managing director David Thompson.

Government plans on how to integrate pensions information between the state scheme and personal accounts, should include details of how scheme members can access advice from IFAs.