Treasury will issue timetable for pensions

The Treasury is expected next month to release a proposed timetable for an overhaul of tax and investment regulations following Ron Sandler's proposals for a suite of off-the-shelf stakeholder products. The document, due on 9 October, will focus on the process of policy development rather than proposing draft legislation or setting out desired end results. The stakeholder suite is expected to supplant Cat standards to some extent, with existing Cat standard tracker funds incompatible with Sandler's recommendations for 100% equity investments. One area arising from the Sandler report ...