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pensions

Investment

Pension consolidation has one year limit

Skandia has warned advisers to be cautious when using block transfers to consolidate pension funds, as it could lead to their client losing the right to higher levels of tax free cash.

clock 18 May 2007 •

Investment

Smoking ban could close savings gap

It has irritated me for many months that people decide they will smoke outside my office in the covered area to hide from the rain. I do hope this will stop from the 1st July when the new law comes in.

clock 17 May 2007 •

Investment

MPs warn FAS increases 'don't go far enough'

The Public Administration Select Committee has further boosted the campaign to compensate 125,000 workers who lost their pensions when their schemes wound up, by stating recent government concessions "have not gone far enough".

clock 15 May 2007 •

Investment

64% of advisers see A-day sipp increase

Nearly two-thirds of advisers have seen an increase in Self Invested Personal Pension business since A-Day, claims Alliance Trust Savings.

clock 14 May 2007 •

Investment

Praise where praise is due

Wholly and exclusively. Sounds more like part of a marriage pledge than something to do with pensions tax relief. Yet these three words have already created more heartache than a thousand divorces.

clock 11 May 2007 •

Your profession

Aegon individual pension sales rise 69%

Aegon has increased the value of new business by 77% in the first quarter of 2007, with life and pensions new business growing 37% to £297m API.

clock 10 May 2007 •

Investment

FSCP slams regulator's no-action on SERPS

The Consumer Panel has hit out at the regulator for not demanding firms directly contact up to 120,000 people potentially mis-sold in contracting out of the State Second Pension (SERPS/S2P).

clock 09 May 2007 •

Investment

April increase in saving 'mood'

April saw a 3% increase in the number of people wanting to save money rather than spend it, according to the latest ‘ MoneyMood ' survey from Legal & General.

clock 09 May 2007 •

Investment

Two-thirds of workers support auto-enrolment

Apathy about retirement is driving nearly two-thirds of workers to support auto-enrolment into pension schemes, claims new research from B&CE Benefit Schemes.

clock 08 May 2007 •

Your profession

Standard sipps offset protection losses

Life and pensions sales for Standard Life have risen over 50% in the first three months of 2007, driven by strong growth in Self Invested Personal Pensions, although figures reveal protection sales have fallen 44% year-on-year.

clock 08 May 2007 •
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