Pension scheme members opting for an Alternative Secured Income when reaching age 75 will be able to nominate a person who is not a relative to receive any possible surplus funds upon their death, Scottish Equitable reveals.
IFAs will not have to hold a G60 qualification when advising clients on enhanced protection, even though it could effectively force clients to leave their corporate pension schemes.
Analysts at the Centre for Economic and Policy Research say their work suggests government and industry really have no idea about how to encourage long-term savings and may be putting forward policies that could be extremely damaging to pension savers...
Future pensioners face more means-testing as people become increasingly reliant on the state to provide them with a pension warns the Pensions Policy Institute
Personal Pensions Management Ltd has re-designed its website about SIPPs in the hopes it will provide its business partners and their clients with further information about the products.
Future generation may be forced to live with their grandparents, says a building society, as the lack of pension savings in the UK and the problems facing first-time buyers become more apparent.
A risk of "massive mis-selling" could be on the cards if the government decides to increase the charge for stakeholder pensions, warns the Consumers' Association.
Providing employees with information about pensions will not be enough to reverse the negative long-term savings trend currently prevailing throughout the UK, says Hewitt Bacon & Woodrow.
Unretired pension scheme members will soon benefit from additional protection against future scheme wind-ups when new governnment regulations come into effect in three weeks time, the DWP says.
Scottish Equitable's pensions experts are hitting the road again with a series of 16 pensions roadshows, to help IFAs prepare for pending pension reform.