pensions

A lack of self-regulation has contributed to actuarial advice becoming distinctly lacking in transparency, while the overall profession has been seen as to ‘insular' and cumbersome in adapting to changes, suggests a Government-commissioned report.

Obesity along with around 1,000 other medical conditions now qualify Brits for enhanced annuity rates, new research indicates.

Both the National Association of Pension Funds and Alan Johnson, secretary of state for Work and Pensions have supported a report issued earlier this week by a Government-commissioned Employer Task Force.

Age Concern England has criticised the Government's decision to set the retirement age at 65 and called plans to allow employers to sack older people over that age threshold as ‘a cowardly u-turn'.

The Government has blueprinted its plans to set the retirement age at 65 and implement it by 2006.

David Norgrove has been appointed as first chair of the new Pensions Regulator (TPR).

The CBI and IMA have both voiced their approval for findings from the Employer Task Force to strengthen the position of the UK's voluntary pensions system.

The Conservatives have announced plans to eradicate the ‘bias' shown against women who contribute towards the state pensions system.

The Government has been warned it is facing a ‘last chance saloon' fight to stave off compulsion towards pensions.

The Pensions Regulator, established by the recent Pensions Act, has provided a first draft code of practice highlighting the importance of people involved in running pension schemes to report breaches of the law.