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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.

Steve Webb has said the government will not give private sector pension schemes the power to override scheme rules to shift from RPI to CPI indexation.

Aegon global chief executive Alex Wynaendts has unveiled plans for the life company to restructure and secure a stronger share of the Asian and US life and protection markets.

Around a third of people see equity release as an important part of their retirement planning, but are not willing to pay fees for advice on it, according to the Equity Release Solicitors' Alliance (ERSA).

The Treasury is unable to effectively demonstrate the value for money of changes to public sector pensions, the National Audit Office (NAO) warns.

Pensions minister Steve Webb will today launch a consultation on whether the government should allow scheme trustees to switch the indexation of pension schemes from RPI to the traditionally lower measure of CPI.

The deficits of the 200 largest private pension schemes have grown by 50% since 2006, according to Aon Hewitt.