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Pension

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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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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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Equity Trust vows to appeal Singapore QROPS ruling

Equity Trust, the company which owns Singapore qualifying recognised overseas pension scheme (QROPS) Panthera, has vowed to fight a high court decision to ban its scheme.

clock 24 May 2011 •

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Millions bank on lottery win to fund retirement

Around three million people in the UK are pinning their hopes for a comfortable retirement on a later-life lottery win, according to the National Association of Pension Funds (NAPF).

clock 24 May 2011 •

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Pru pays up for IFA's time after pension blunder

Prudential has paid an IFA for advice needed by a customer who received a correction payment on their Scottish Amicable pension, after IFAonline highlighted the case.

clock 20 May 2011 •

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McPhail: Govt must simplify in-specie pension contributions

The government should allow investors to move assets between different wrappers more easily to aid retirement saving, Tom McPhail, head of pensions research at Hargreaves Lansdown said.

clock 16 May 2011 •

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Royal Liver members approve Royal London takeover

Royal Liver's members have voted in favour of its buyout by Royal London.

clock 12 May 2011 •

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Advisers welcome Kiwi QROPS code of conduct

Advisers and qualifying recognised overseas pension scheme (QROPS) providers have welcomed a move in New Zealand to create a code of conduct for the products.

clock 09 May 2011 •

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Call for govt to simplify pension transfers to children

The government must make it simpler to transfer long-term savings such as pensions to children and other descendents, the Association of Consulting Actuaries (ACA) said.

clock 03 May 2011 •

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Pensioner accused of posing as own wife to cheat life office

A pensioner has been charged with faking his death and then pretending to be his wife in order to claim on his life insurance policy.

clock 03 May 2011 •
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