HSBC today launches Workplace Retirement Services (WRS) for corporate IFAs and employee benefits consultants to offer defined contribution (DC) pension products and services.
The 2% upfront charge on contributions into NEST is part of an 'outstanding deal,' delegates at the Professional Pensions Show 2010 heard.
Labour shadow pensions minister Rachel Reeves explains to Sebastian Cheek why the government's indexation switch needs further thought.
NEST's reliance on gilts to provide steady growth in its default fund will leave many of the most vulnerable savers with the lowest income exposed to inflation, No Monkey Business (NMB) warns.
The banning of commission from 2012 will lead to adverse cost impacts for three quarters of employers, Jelf Employee Benefits (JEB) warns.
A consultation on legislation overriding the rules linking pension increases to RPI will go ahead, pensions minister Steve Webb revealed at the TUC Member Trustee Network annual conference.
James Hay will release two SIPPS in Q1 next year to meet the needs of both sophisticated clients and those with more basic requirements.
Pensions minister Steve Webb has announced a DWP experiment in which 2,000 pensioners who have not claimed but are entitled to pension credit will be paid the benefit for 12 weeks.
Eurozone ministers are poised to meet in Brussels as the debt crisis once again threatens the economic stability of the 16-member bloc.
The implementation of NEST and auto-enrolment in 2012 will drive new business for IFAs in the SME sector, according to Aviva CEO Toby Strauss.