pensions

The pensions industry has fabulous timing. Just when you think everything's slowing down and you can spend an extra 10 minutes trying to crack that sudoku puzzle, somebody somewhere manages to find something new to pick apart.

The decision by the Financial Services Authority to keep the RU64 rule in place is "quite immaterial" for the majority of IFAs, says Aifa.

Pensioners are being warned retiring abroad to countries such as Spain will not necessarily mean they will avoid the UK's Inheritance Tax regime, according to Bank of Scotland International.

The Financial Services Authority's decision to keep in place rule RU64 has prompted a mixed response from advisers.

The Financial Services Authority board has confirmed it is going to keep in place the rule known as RU64.

Aviva has launched a new online planning service to help individuals engage in financial planning for the future, as research by the firm reveals 60% of the world's pre-retired adults worry they haven't saved enough for retirement.

Final year figures for Scottish Widows' protection arm dropped almost 10%, despite an overall increase in IFA sales and in its life and pensions business.

HM Revenue & Customs has confirmed refunds from pension schemes ordered by the Financial Ombudsman Service, following a case of "bad advice" or "mis-selling", will be classed as unauthorised payments.

Following a court victory earlier this week pension campaigners are stepping up the pressure on the government to provide compensation with a special briefing note for MPs.

The Conservatives and Liberal Democrats intend to table amendments to the current Pensions Bill if the government refuses to act over the issue of compensation to thousands of workers who lost their pensions when their employers went bust.