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Call for end to 'one size-fits-all products'

Age UK is calling for more tailored products and services for the elderly, as they are much harder hit by the cost of inflation than the rest of the population.

clock 11 November 2010 •

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Hornbuckle Mitchell launches spousal bypass trust

SIPP provider Hornbuckle Mitchell has launched an in-house spousal bypass trust which aims to help investors reduce inheritance tax liabilities.

clock 11 November 2010 •

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Hoban defeats extra Eq Life payments

Thousands of Equitable Life victims who annuitised before 1992 will receive no compensation despite a proposed amendment to include them in the government's repayments package.

clock 10 November 2010 •

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Govt can't calculate Eq Life comp for extra 10,000 annuitants

The level of compensation due to 10,000 Equitable Life customers who bought with-profits annuities before 1992 would be "impossible to calculate", Tory MP Jonathon Evans says.

clock 10 November 2010 •

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Pension holders given cheaper option to bankruptcy

The government plans to allow people who hold pensions to access debt relief orders (DROs), which provide a cheaper alternative to bankruptcy.

clock 10 November 2010 •

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Bee urges IFAs into benefits consultancy with new platform

Paradigm Pensions' new employee benefits platform, Jargon Free Benefits, has been launched on Steve Bee's Jargon Free Pensions website.

clock 10 November 2010 •

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Auto-enrolment 'will cost SMEs over £2,500'

The government has "grossly underestimated" the costs to small and medium-sized enterprises (SMEs) of auto-enrolling employees into a workplace pension scheme, the Federation of Small Businesses (FSB) says.

clock 10 November 2010 •

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Aviva still top for annuities but rates fall over year

Aviva holds the top spot for level annuity rates this month, despite dropping £20 over October to £5,970 per annum.

clock 10 November 2010 •

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Warning new GPP rules could create barriers to saving

FSA plans to include group personal pensions (GPPs) in existing rules regarding pensions advice could create barriers to saving and additional costs to employers, industry figures say.

clock 10 November 2010 •

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Govt to publish annuitisation plans in December

The government will publish a formal response to its consultations on the Finance Bill 2011, including details on new pension annuitisation rules, on 9 December.

clock 10 November 2010 •
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