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Altmann joins Saga Group and talks up IFA importance

Policy adviser Ros Altmann is set to join the Saga Group in the newly-created role of director general at the start of October.

clock 15 September 2010 •

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Axa to launch variable annuity product in Q4

Axa will begin offering variable annuities before the end of 2010, Michael Gregg, managing director of Axa Global Distributors, has announced.

clock 15 September 2010 •

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Hoban hammers Labour as MPs back Eq Life Bill

Financial secretary Mark Hoban has pointed the finger of blame at the Labour government for the scale of payments owed to Equitable Life policyholders following the insurer's near collapse 10 years ago.

clock 15 September 2010 •

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Hornbuckle Mitchell: Scheme pensions to become IFA favourite

The government's plans to remove the age-75 annuitisation rule will make scheme pensions far more attractive to IFAs and clients, Hornbuckle Mitchell claims.

clock 13 September 2010 •

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DWP cuts salary of Pensions Regulator chair by 20%

David Norgrove's replacement at The Pensions Regulator will be paid £53,000 less than the outgoing chairman.

clock 13 September 2010 •

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Hooper urges Govt to take on £8bn Royal Mail scheme deficit

The government should take responsibility for the Royal Mail's £8bn pension deficit, Richard Hooper says.

clock 10 September 2010 •

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Warning annuity reform only benefits wealthy

As the Treasury consultation on removing the requirement to annuitise by age 75 closes, the pensions industry has warned the proposals will only benefit "those who need them the least".

clock 10 September 2010 •

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Govt to save £1m per year with paper NI notifications

The government plans to save money by distributing National Insurance numbers via a letter rather than a plastic card, as part of its drive to reduce the deficit.

clock 10 September 2010 •

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Call for long-term care and pensions in same package

Retirement solutions should have the flexibility to provide both decent pensions and meet long-term care costs if necessary, the Association of Consulting Actuaries says.

clock 10 September 2010 •

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Sarkozy refuses to back down after pension protests

Nicolas Sarkozy says there is "no question" of anyone "distorting" his pension reforms after more than a million people took to the streets in protest.

clock 09 September 2010 •
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