The Liberal Democrats have called on the government to consider the creation of stakeholder products for equity release though NS&I, in an attempt to help the ‘asset rich, income poor' sections of society.
Anger is growing among employers and pension funds over the tight timetable the government has set for consultation on changes which could produce big cuts in the future value of final-salary pensions, says the Financial Times .
Mark Twain once remarked ‘reports of my death are greatly exaggerated' upon hearing that his obituary had been published in the New York Journal.
One in four parents may have to rely on their children for financial support during retirement, according to research from Yorkshire Bank.
Patrick Snowball, executive director of Aviva, will criticise regulation of the insurance industry in a speech today, as he warns companies they need to work on increasing consumer confidence, says the Daily Telegraph .
The government will continue to delay a decision on the treatment of protected rights, despite consultation responses suggesting all parts of the industry agree the restrictions should be removed.
The Pensions Management Institute (PMI) has elected a new president to take over from Penny Green following its AGM in July.
We are now well into March and as usual everyone's thoughts are turning towards the Budget, with many looking into their crystal balls to try and predict what surprises and u-turns the Chancellor will spring on us next Wednesday.
Independent financial advice is an "essential step" for pension trustees when negotiating deficit recovery plans, or in the event of acquisitions or disposals by a sponsoring employer, says Paul Thornton.
Proposals put forward in a consultation paper on the rolling deregulatory review of defined benefit pensions could see pensioners income fall by around 30% in the next 10 years, warns Standard Life.