pensions

Lib Dems have taken up the struggle to impose fairer pension rights for women in an attempt to pick up key votes for the forthcoming election.

The ABI's annual summary of new life and pensions business indicates a pick up in Annual Premium Equivalent (APE) figures and a prodigious increase in individual single premium business.

SIPP firm A J Bell has criticized the Inland Revenue's intention to impose minimum unsecured pension as a part of ‘back door' change to A-Day tax legislation.

Bill Midgley, president of the British Chamber of Commerce , has come out in defence of the Government's agenda regarding UK civil service pensions.

In a quick-fire response, the Liberal Democrats claim pension plans laid out by the Tories yesterday will not aid the poorest two-thirds of pensioners but make many poorer still.

Amid the complications concerning rules running up to A-Day, eight out of ten IFAs have recorded a significant upward curve in SIPP business over the past twelve months, research indicates.

Advisers are sounding out early warnings regarding the overburden providers face in the 'last-minute' run up to A-Day, 6 April 2006, when the rules of simplifying pensions are implemented.

The Conservative Party has pledged to re-establish the basic state pension earnings link, reduce the role of means-tested benefits, and scrap compulsory annuity purchase for 75-year-olds under a new Conservative Government.

Working Brits begin saving for their retirement at the age of 31 and put away an average £198 a month, leading the way for countries in Europe, research indicates.

The controversial Pension Protection Fund has launched its website.