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pensions

Investment

Actuaries lobby Gov't over DB lump sums

The Actuarial Profession is lobbying the government and Pensions Regulator to take action over the issue of cash commutation in defined benefit pension schemes.

clock 16 February 2007 •

Investment

Rowanmoor appointment signals expansion

Rowanmoor Pensions has announced an expansion of its London operation including the opening of an additional office and the appointment of a new pensions consultant.

clock 15 February 2007 •

Your profession

Winterthur appoints Thompson as MD

Winterthur Life has announced David Thompson, currently director of distribution, is to be the new managing director.

clock 14 February 2007 •

Investment

Bank charges cost pensioners abroad £300m

Pensioners living abroad could be losing up to £300m a year on their state pension through bank charges and exchange rates.

clock 13 February 2007 •

Investment

DWP apologises 'unreservedly' over pensions error

The Department for Work and Pensions has apologised ‘unreservedly' for its mistake in sending out 26,000 letters details pension rights to the wrong people.

clock 13 February 2007 •

Investment

Shareholders pay the true price of a pension

Financial hari-kiri or just plain daft? Whatever you want to call it, single charge commission-paying group personal pensions and stakeholder are defying financial gravity, thanks to the generosity of some providers - or more precisely, their shareholders'...

clock 13 February 2007 •

Protection

PTA pension link would 'cost a fortune'

A move by the Treasury to link pensions term assurance to pensions would create considerable costs for providers and advisers, says Andy Milburn, IFA market manager at Royal Liver.

clock 12 February 2007 •

Investment

Gov't is a target if Npss default fails

Only having one default fund for personal accounts could leave the government open to the risk of being blamed when things go wrong, warns pension experts.

clock 09 February 2007 •

Investment

'Wholly & exclusively' rule is limited - HMRC

HM Revenue & Customs have finally published updated guidance on the position of tax relief relating to employer contributions into pensions, confirming the 'wholly & exclusively' rule will only be applied in limited circumstances.

clock 08 February 2007 •

Investment

Shift to sipps pays for Standard Life

Standard Life saw its life and pensions sales rise by over half in 2006 on the back of key changes at A-Day and a redirection of pensions investments towards sipps.

clock 07 February 2007 •
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