Pension

David Trenner, technical director at Intelligent Pensions, examines the risks to clients of unqualified overseas salesmen.

Aviva has overcharged 13,000 pension savers an average of £250 following 'error'.

Almost 20% of people do not believe pensions are a safe investment although more than half say they are 'vital' for retirement, research by Defaqto suggests.

Martin Bamford of Informed Choice examines the case for delaying the scrapping of the default retirement age (DRA) for another year.

Shadow pensions minister Rachel Reeves yesterday challenged Steve Webb over the elimination of conflicts of interest for NEST asset managers.

Standard Life has been ordered by the Pensions Ombudsman (PO) to reconsider its decision to pay pension benefits to a deceased policyholder's mother instead of his ex-wife.

The government has announced it will introduce legislation in the Finance Bill 2011 to reduce the annual allowance from £255,000 to £50,000 and the lifetime allowance from £1.8m to £1.5m.

Access to new flexible drawdown pensions will be restricted to people with a lifetime pension income of a minimum of £20,000 a year, the Treasury says.

The government has today published details of the changes it intends to introduce to remove the effective requirement to annuities by age 75 from 6 April 2011.

Steve Webb has said the government will not give private sector pension schemes the power to override scheme rules to shift from RPI to CPI indexation.