pensions

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.

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

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.

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

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

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.

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'...