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Govt to 'carve out' pension scheme member protection

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.

clock 08 December 2010 •

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Pension scheme deficits up 50% since 2006

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

clock 07 December 2010 •

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Webb defends CPI pension switch

Pensions minister Steve Webb has been forced to explain how he assessed housing costs for pensioners when deciding to switch pension indexation from the RPI to CPI.

clock 06 December 2010 •

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Dutch to get 50% higher retirement income than Brits

The UK private pension system is 'not fit for purpose' and 'hugely inefficient' compared to its European counterparts, according to new research.

clock 06 December 2010 •

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Majority of IFAs against early pension access

Only one in ten advisers thinks there should be early access to pension funds for any reason, a Rowanmoor Pensions poll says.

clock 06 December 2010 •

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PPF loophole leaves savers exposed

A legal loophole could threaten PPF payouts in the event of company insolvencies, warns Ros Altmann.

clock 02 December 2010 •

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Fresh blow to third way as Sun Life Financial of Canada closes to new business

Third way annuities provider Sun Life Financial of Canada has announced it will close to new business in the UK from 3 December, with 100 job losses across the business.

clock 02 December 2010 •

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Blog: Why pensions are fantastic

Alan Steel, chairman of Alan Steel Asset Management, on why investors should ignore all the puff surrounding pensions

clock 02 December 2010 •

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Treasury warned: Don't overcomplicate early pension access

Pension experts have broadly welcomed Treasury plans to consult on allowing access to 25% of pension savings tax free before retirement but warn the new rules must be kept as simple as possible.

clock 01 December 2010 •

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Online annuity advice portal unveiled

Age UK Enterprises, the business arm of Age UK, has teamed up with Premier Retirement Services, part of JLT Benefit Solutions, to create an online comparison site for annuities.

clock 29 November 2010 •
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