uncategorised

The default retirement age (DRA) must be abolished without delay to avoid a negative impact on the economy as a whole, according to Ros Altmann, director general of Saga.

Martin Bamford of Informed Choice examines the case for delaying the scrapping of the default retirement age (DRA) for another year.

Shadow pensions minister Rachel Reeves yesterday challenged Steve Webb over the elimination of conflicts of interest for NEST asset managers.

Standard Life has been ordered by the Pensions Ombudsman (PO) to reconsider its decision to pay pension benefits to a deceased policyholder's mother instead of his ex-wife.

Prudential deputy chief executive Barry O'Dwyer has welcomed the Treasury's new draft rules for retirement options, but warns there may be problems ahead for value guaranteed annuities.

The government has today published details of the changes it intends to introduce to remove the effective requirement to annuities by age 75 from 6 April 2011.

Access to new flexible drawdown pensions will be restricted to people with a lifetime pension income of a minimum of £20,000 a year, the Treasury says.

The government has today published details of the changes it intends to introduce to remove the effective requirement to annuities by age 75 from 6 April 2011.

Michael O'Higgins has been named as David Norgrove's replacement as chairman of The Pensions Regulator.

Mark Lisle, compliance manager at Rowanmoor Pensions, takes a closer look at the government’s pensions proposals and finds DB schemes may benefit.