pensions

Research conducted on behalf of the FSA into statutory money purchase illustrations has proved what most people believed beforehand:

One in three pension scheme members are saving more money after receiving the new-style pension statrment explaining exactly how much their pot is worth in today's prices, the FSA says.

Royal Assent of the Finance Bill last week failed to grab industry attention because many people are still waiting for additional details in the Pensions Bill, say pension experts.

The number of workers left without retirement income because of company pension schemes being wound up threatens to double unless the £1bn Turner & Newell scheme is saved, warns shadow work and pensions secretary David Willetts.

IFAs need to prepare a checklist and start reviewing their clients' portfolios NOW if they want to avoid being accused of giving less than adequate advise on pending pensions legislation, warns Winterthur Life.

Presenting estimates of how much money people could expect to retire on will encourage them to stop burying their heads in the sand, says the Department for Work and Pensions.

Pension scheme members currently eligible to more than 25% tax-free cash risk losing out if they transfer to another pension arrangement post A-day, warns pensions expert Steve Bee.

WHILE THE NATION'S media is firmly fixed on the Butler report, the Guardian's business pages reveal senior civil servants, judges and MPs will escape the proposed higher pension tax on any contributions over £1.5m which could lead to accusations of...

THE CONSERVATIVE Party will ABOLISH the Financial Services Authority in its current form if it wins the next general election, according to a report in this weekend's Sunday Telegraph.

Consumers should be scared into long-term savings if Britain is to avoid seeing the current savings gap turn into a full-blown pensions crisis, warns a pension expert.