Government to review employer's stakeholder information

Professional Adviser
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Government pensions officials may change stakeholder pensions legislation in a bid to maintain the 1...

Government pensions officials may change stakeholder pensions legislation in a bid to maintain the 1% world and free employers from the liability of giving employees information about their pension plans. Evidence of intention to change stakeholder rules was revealed at an industry meeting with the Treasury on Wednesday, where industry representatives discussed the potential for Sandler's proposed suite of stakeholder products. However, finance minister Ruth Kelly MP, also reiterated the government's intention to maintain the 1% charge cap on existing stakeholder products and the ...

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