pensions

A rolling deregulatory review of pension legislation has received a boost with the appointment of two external reviewers.

The White Paper on personal accounts may be stoking up problems actually delivering sufficient supply of SEE funds at a price in line with government policy commitments to capping costs.

The Pensions Commission's proposed National Pension Savings Scheme model is the best solution for delivering affordable personal accounts to boost pensions savings, today's White Paper concludes.

Fund choices in the personal accounts regime will to some extent be deliberately restricted because most consumers either do not want or do not understand choices put before them.

The Department for Work and Pensions has published a simplification plan, as part of the government's ‘Better Regulation' agenda, but has failed to include any further details of its rolling deregulatory review of pensions.

Consultant Watson Wyatt says life companies will 'have to move fast' on PTA to avoid any potential mis-selling claims in future.

I am beginning to dread the use of the words 'simplify' and 'simplification' by the government. Often, it leaves me feeling more confused than ever.

The Treasury has today announced it will allow people to continue to opt for an alternatively secured pensions instead of an annuity at retirement, but rule changes now mean the fund cannot be transferred on death.

Pensioners' disposable incomes are still being squeezed as household bills rise at a faster rate than pensions, according to research from Norwich Union.

Skandia say offering alternatively secured pensions, ASPs, can encourage greater pensions savings.