Pension

Advice to opt out of state earnings-related pension schemes (SERPs) tops the list of complaints at claims management firm Open Resolution.

The Department for Work and Pensions is considering an outright ban on consultancy charges on pensions which are borne by members.

The Department for Work and Pensions has promised a better working relationship between the Pensions Regulator (TPR) and the Financial Services Authority (FSA) and said joint thematic reviews are planned.

A group of 22 pension schemes has dropped a High Court case against Henderson Equity Partners for breach of mandate, after the fund manager agreed to pay legal costs.

The Financial Services Authority (FSA) director has said the relationship between it and The Pensions Regulator (TPR) needs more work due to the differences between the organisations.

High earners would face a £1bn ‘tax grab' on their pension contributions to fund return-to-work schemes for the long-term unemployed should Labour return to power.

Fears retiring baby boomers will monopolise resources and limit economic growth for future generations are "nothing to worry about", according to sociologist Frank Ferudi.

Employers need to be given a defined line between providing information and advice on pension arrangements, a select committee has been told.

Poorer retirees will no longer have to pay higher-rate tax when they take a small pension pot as cash.

The chancellor's move to cut pension tax relief from £50,000 a year to £40,000 sends a confusing message to pension savers, commentators have said.