pensions

Just lately, it seems you can't escape from being reminded of the mess that has become the UK pensions crisis.

The Government has been accused of "levying a stealth tax" on the pensions industry after now deciding to make the Pension Protection Fund retrospective, says the Daily Telegraph .

Just under half of the women who will be affected by the future increase to the State Pension age do not know at what age they will be officially allowed to retire, suggests government research.

Lipper, the Reuters fund information supplier subsidiary, has won the tender to provide the ABI with data to beef up monitoring of investment classifications for life and pension funds.

New research has highlighted an increasing gap between ‘expectation and reality' individuals have regarding their pension schemes.

Technology provider Dunstan Thomas' latest survey of IFAs, pensions administrators and providers suggests they face a herculean effort in order to overcome the challenges of A-Day.

Responses to the basic advice regime proposals - as set out in Cp 04/11 - have persuaded the FSA to make reforms which include alterations to the initial disclosure document and single firm branding at point of sale.

A third wave of testing into the basic advice regime filter questions suggests previous weaknesses in the handling of pensions and consumer debt have now been sufficiently ironed out, says the FSA.

Research suggests there is as much as a 30% difference between the best and worst annuity rates in the market, says GE Life.

Proposals by Work and Pensions Minister Alan Johnson to automatically opt people into pension schemes appears to be in contravention of pending EU legislation, point out pensions experts.