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EU gold-plating rules could force DB shutdown

New EU rules on the solvency of workplace pensions could force some Defined Benefit (DB) schemes to close, the National Association of Pension Funds (NAPF) warns.

clock 15 November 2010 •

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Just Retirement sales up 15%

Just Retirement's new business in the three months from April-June 2010 is up 14.9% on the same period last year at £245.5m.

clock 15 November 2010 •

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NEST confirms Tata will administer scheme

Tata Consultancy Services will administer the NEST national savings scheme until at least 2020, it was confirmed today.

clock 12 November 2010 •

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FSA to limit brokers' role in checking affordability

The FSA is considering limiting the role brokers play in assessing customers' affordability by simplifying the criteria they currently use.

clock 12 November 2010 •

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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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