pensions

The new Bill introduced by the Department for Work and Pensions today has several flaws which undermine commitments to simplicity and security into long-term savings, the Conservative Party says in a statement just released.

Publication of the Pensions Bill this week is designed to be another step by the government towards giving consumers what they want in terms of financial protection at retirement.

THE FT claims it has seen a draft of the Pensions Bill - due out today - which indicates the government is going to run with a flat rate levy rather than a risk-based premium scale to fund the new pensions protection fund.

Retrospective changes to preservation requirements for deferred pension rights could decide whether IFAs face a tough year advising the majority of their clients on which transitional protection to apply, warns Steve Bee.

Abbey for Intermediaries is adding funds to its Complete Retirement Package (CRP) following similar additions to its Flexible Investment Bond last week.

More people in the UK are thinking about stashing away money for their retirement as consumer confidence in long-term savings grow, the Association of British Insurers says today.

The government's Pensions Bill, which will outline changes to pending pension legislation, is expected to be released this coming Wednesday, suggest industry experts.

The Department of Work and Pensions' latest pensions proposals published this week lack real consumer incentive to bridge the retirement savings gap, say industry experts.

Self-employed people have to work longer and harder if they want to receive the same retirement income as employees, says the Pensions Policy Institute.

Legal & General's pensions technical team - headed by Colin Batchelor - has published a booklet to help IFAs stay one step ahead of the government pension simplification proposals.