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.

Legal & General (L&G) has launched a new portfolio of financial promotions tools - including a movie - to help employers inform their staff about their group pension schemes.

Continued strong demand has led the CII to extend its education programme on pensions simplification aimed at advisers who need better understanding of pensions taxation rules.

The table confirming the shift to a higher state pension age has been published in today's Pensions Bill.

Life and pensions new business sales rose by 30% to £3.8bn in the third quarter of 2006, according to figures from the Association of British Insurers.

A lack of communication about the funding status of defined benefit schemes could have the potential to lead to a "financial scandal".