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Pension adviser labels auto-enrolment 'second mis-selling crisis'

Auto-enrolment will trigger a "second crisis of pensions mis-selling" which will hit the poor hardest, an adviser at Deloitte has claimed.

clock 31 May 2011 •

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Latvian pension transfers highlight QROPS abuse: A J Bell

Latvia's top ten ranking for pension transfers from the UK in 2009/10, despite few British expats retiring there, suggests the country is being used to abuse tax loopholes, AJ Bell said.

clock 31 May 2011 •

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Revealed: The top ten most common pension errors

KPMG analysis of over 100,000 member records reveals the most common administration failings and how they are increasing fund liabilities by up to 5%.

clock 31 May 2011 •

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L&G: Forcing OMO 'counterproductive'

Making shopping around for an annuity the default option for all investors will be "counterproductive", Legal and General (L&G) warned.

clock 31 May 2011 •

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Annuity innovation needed to meet market needs

While lifetime annuities remain the most popular at-retirement product further innovation is needed to meet the needs of the market according to the Xafinity Annuity Industry Study.

clock 31 May 2011 •

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Fidelity plans to enter enhanced annuity arena

Fidelity plans to offer access to an enhanced annuity via its defined contribution (DC) platform.

clock 27 May 2011 •

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Heath Lambert and Partnership launch annuity portal

Leeds-based advisory firm Heath Lambert has teamed up with Partnership to launch a direct-to-consumer annuity portal.

clock 27 May 2011 •

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Aviva launches drawdown aimed at death tax efficiency

Aviva will offer a phased drawdown plan on its wrap and SIPP platform which it said will help minimize death taxes.

clock 26 May 2011 •

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Treasury grilled over public sector pension costs

The Commons Public Accounts Committee has questioned the validity of Treasury cost projections for public sector scheme changes, saying it did not fully test the impact of its assumptions.

clock 26 May 2011 •

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Millions of under-16s will live to get Queen's telegram

Around three million children will live to the age of 100, according to research from the Department of Work and Pensions (DWP).

clock 25 May 2011 •
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