pensions

The Conservative party is targeting simplification and increased pension scheme provision for workers as key areas within its pension manifesto.

John Moret has called on the Government and the Financial Services Authority (FSA) to take immediate action for the proper regulation of the Self-Invested Personal Pensions (SIPP) market before the arrival of A-Day on 6 April 2006.

Scottish Life has called for more interaction between providers and individuals as a means of fostering the take up of pensions in the UK.

The UK, Northern Ireland and US have come to agreement on the qualification of certain UK pension and retirement arrangements under a treaty for the avoidance of a Double Taxation regarding Taxes on Income, signed in July 2001.

There is a seven-year gap between the age at which people want to retire and the year at which they will actually retire, new research indicates.

Cicero Consulting says the Labour party's election manifesto contains little new material or commitments regarding pensions, savings and the treatment of the elderly.

The confusion related to pensions is stopping individuals from saving for their future, new research reveals.

The Annuity Bureau warns the removal of the statutory requirement to increase pensions in payment, along with a longer life expectancy may leave new retirees exposed to the dangers of inflation.

Industry firms are still uncertain how they will proceed with their A-Day plans because the Inland Revenue has yet to issue all the regulations that will govern the new pension simplification regime, new research indicates.

Scottish Equitable believes the Government's aim to encourage flexibility in retirement after A-day will lead to an influx in the self-investment market.