pensions

UK Government is running out of options and could be reaching the stage where a major state pension reform might be the only fix for the current pension crisis.

A pensions legal expert has warned advisers failure to update clients on new choices available post A-Day, including Open Annuity, could lead to a charge of mis-selling further down the line.

Yorkshire Building Society is launching a new savings account which specifically targets pensioners.

The Liberal Democrats have pledged to raise the starting level on stamp duty land tax from £60,000 to £150,000 if elected into government.

Pensions specialist Clerical Medical has created an A-Day protection calculator for financial advisers on its IFA website.

Pension experts have called for politicians to leave matters concerning pensions by the formation of a permanent ‘Pension Committee" instead.

Pensions legislation and the process adopted to implement it is now so ‘tremendously confused' it is compounding the pension crisis, Lord Higgins has alleged.

A pensions expert has called for the individual employee savings pots, encouraged by employers, rather than employer-led pension funds to become the way forward.

Secretary of State for Work and Pensions Alan Johnson, along with chairman of the Employer Task Force, Sir Peter Davis, will launch a new pensions website this week.

A pension specialist has sounded an urgent call for clarity on new Pensions Protection Fund (PPF) regulations, as new rules are just six weeks away.