The Financial Services Authority has publicly censured GD Tancred Financial Services for not clearly explaining the risks of income withdrawal to customers with pensions under £100,000.
The ‘light touch' regulatory approach by the UK surrounding solvency issues resulted in the Equitable Life crisis, claims an Irish MEP.
Of all the many consultations which the Department for Work and Pensions has been pushing out over the last few months, one which seems to have been slightly overlooked is the issue of protected rights.
The Department for Work and Pensions has issued amending regulations on how age discrimination legislation will affect pensions.
The BBC's Panorama programme recently featured the alleged payment of bungs (more politely referred to as ‘irregular payments' by the Premier League) to football managers.
The barriers between self-invested personal pensions and other types of pre-retirement planning will disappear in the near future, suggests Suffolk Life.
The UK government's gilt issuing policy may not only be affecting annuity values but also the prospects of deferred members of pension schemes which are winding up.
Draft amendments to how the age discrimination regulations affect pensions are being released this week for further informal consultation.
Well it seems that Alternatively Secured Pensions (ASP) are beginning to surface again, as the industry continues to struggle with unclear legislation and conflicting opinions.
Hindsight is a wonderful thing. Just think about the better decisions we could all make if we knew exactly how things would turn out in the end - decisions on careers, houses, fashion styles!