pensions

Torquil Clark is making a major move into the mortgage advice sector after purchasing a mortgage intermediary business previously linked to a national housebuilder.

BRITIAN'S RETIREMENT age will "undoubtedly" rise in an attempt to plug a looming hole in the country's pension funding, says the Guardian this morning.

The Pensions Regulator has published its code of practice regarding ‘notifiable events'.

Employers are now able to promote group personal pension and stakeholder pension schemes to their employees, under changes made by the Treasury to the Financial Promotions Order (FPO) which start today.

The Trade Unions Congress (TUC) says the state pension age could be maintained at 65 if the government met its employment targets.

Revenue & Customs (HMRC) has said it will offer no protection for any Self Invested Personal Pension (Sipp)borrowing agreed before A-Day where funds are drawn down after the introduction of pension simplification rules on 6 April 2006.

Around one in ten of the rising number of complaints made to the Financial Ombudsman Service concern advice given by independent financial advisers, the body reveals.

A leading pensions provider has warned defined benefit scheme members could face a fine of up to £50,000 for failing to return occupational pensions audit information to the Pensions Regulator by 31 August.

Sipp specialist AJ Bell has confirmed its intention to enable UK residential property to be held within its online Sipp offerings, following A-Day on 6 April next year.

First-time buyers are finding it tougher than ever to put money aside for their retirement, new research released by Prudential today claims.