pensions

A total of £14bn a year is being offered to 1.7m elderly and disabled people in the form of individual budgets to purchase care services, under proposals to reform social care in England.

Pension firms are questioning proposals by the Department of Work and Pensions (DWP) to continue to prohibit protected rights funds from being invested in Self Invested Personal Pensions.

A leading pension provider has again called for the implementation of ‘soft' compulsion as a means of solving the pensions crisis without limiting employee flexibility.

A report finds that despite reforms to the pension system, the cost of public sector schemes will continue to grow over the next 30 years.

An IFA firm has questioned a leading pensions provider on its methods for combining existing pension policies into one annuity contract.

The Inland Revenue has admitted there is confusion thrown up by pension commencement lump sums and scheme pensions in the run up to A-Day.

Pension provider Scottish Equitable says a time-sensitive loophole could still make it possible to generate higher tax-free cash via a company pension scheme.

The Pensions Regulator has put out a consultation paper for its draft code of practice on trustee knowledge and understanding.

A leading charity organisation for pensioners has branded Gordon Brown's Budget speech a bribe for the elderly.

DOMINATING THE front page of all the national newspapers this morning is yesterday's pre-election Budget which targeted sweeteners and the grey and family vote.