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uncategorised

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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Pointon York launches simplified SIPP

Pointon York has launched a simplified version of its regular SIPP.

clock 09 November 2010 •

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FSA may extend anti-churning rules to GPPs

The FSA may extend its rules on pension selling and advice to cover all workplace pension schemes including group personal pensions (GPPs).

clock 09 November 2010 •

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Irish government faces rebellion over state pensions

Members of Ireland's largest political party Fianna Fail are threatening to resign the party whip and vote against the government if it cuts state pensions.

clock 09 November 2010 •

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Living Time launches on Assureweb

Living Time will provide fixed term annuity quotes to IFAs via the Assureweb portal from 15 November.

clock 08 November 2010 •

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DB deficits fall to 14-month low

The deficits of the 200 largest private final salary schemes have reached their lowest levels since September 2009, Aon Hewitt says.

clock 05 November 2010 •

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TPR may 'landgrab' DC pensions regulation

The Pensions Regulator (TPR) could make a bid to regulate certain areas of defined contribution pension jurisdiction as the FSA is dismantled, a former TPR employee says.

clock 05 November 2010 •
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