Retirement

James Purnell, Minister for Pensions Reform, has revealed the government is willing to consider representations for a contribution limit for personal accounts lower than £5,000.

Schemes which earn a proposed pension quality mark could benefit from longer waiting times for new joiners once auto-enrolment comes into effect, says James Purnell.

The government has announced Paul Thornton, managing director of Gazelle Corporate Finance, will lead its external review of organisations involved in the regulation and protection of workplace pensions.

James Purnell, Minister for Pensions Reform, has warned the industry against trying to legislate parts of personal accounts before the white paper consultation has even closed.

James Purnell, Minister for Pensions Reform, has denied personal accounts will be operated on an uneven playing field, despite admitting the cost of preparing personal accounts will be borne by the taxpayer.

Winterthur Life is to hold a new series of adviser workshops to highlight the priority pension issues for the coming year.

The Pensions Regulator has used its powers for the first time to disqualify a scheme trustee after he added £13.4m to pension transfer values, and increased the pension liabilities of the company by misrepresenting the pension benefits of executive members....

Suggestions the government is contemplating a u-turn on the removal of restrictions relating to protected rights is incorrect, claims European Pensions Management.

Winterthur has denied accusations of being inflammatory towards the Treasury over the issue of Alternatively Secured Pensions.

HM Revenue & Customs has confirmed updated guidance on employer contributions should be published within the next four weeks.