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uncategorised

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Rowanmoor pension switch error cost clients £5K

Rowanmoor delayed a fund switch within a pension for almost a year, costing a group of clients more than £5,000, the Pensions Ombudsman (PO) has ruled.

clock 20 June 2011 •

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Warning of last minute stampede to NEST

The National Employment Savings Trust (NEST) is heading for a capacity "car crash" as under-prepared employers cause a last minute stampede for auto-enrolment products, warned Hymans Robertson.

clock 20 June 2011 •

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HSBC launches online portal for workplace savings

HSBC Workplace Retirement Services (WRS) has launched an online portal allowing secure access for members, employers and advisers.

clock 20 June 2011 •

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Women 'unaware' of pension changes: Bill debate today

Around 20% of women aged 50 to 53 believe they will receive their state pension at 60, although their actual state pension age (SPA) is 65 and may be changed to 66.

clock 20 June 2011 •

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Expats mount Parliamentary campaign for pension equality

A group of expatriates fighting for their pensions to be indexed equally with those of UK pensioners has taken the campaign to Parliament.

clock 20 June 2011 •

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Osborne could scrap higher rate pension tax relief-reports

Chancellor George Osborne is considering a £7bn "raid" on pension perks for the better off, according to reports.

clock 20 June 2011 •

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Why we must strike for pensions: a headmaster explains

Dr Robin Bevan, headmaster at Southend High School for Boys, explains the rationale behind what will be the biggest teachers’ strike in 30 years about cuts to the Teachers Pension Scheme (TPS)...

clock 17 June 2011 •

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Treasury: strike action threatens your pensions

The Treasury has issued a veiled threat to unions to withhold industrial action or risk more harsh reforms to public sector pensions.

clock 17 June 2011 •

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Webb heckled by elderly at Pensioner Parliament

Pensions minister Steve Webb faced heckling and difficult questions at a National Pensioners Convention (NPC) event yesterday.

clock 16 June 2011 •

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Pension schemes denied power to change rules on RPI/CPI

The government has reiterated it will not introduce legislation to override pension scheme indexation rules.

clock 16 June 2011 •
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