pensions

A KNIFE-EDGE decision on interest rates tomorrow has become even more uncertain after key economic surveys sent out conflicting signals, reports The Times.

Despite charging almost £200,000 for collecting levies, the Pensions Regulator has so far only managed to retrieve 83% of its mandate.

Paternoster, the latest entrant to the bulk annuity market, has joined forces with Jardine Lloyd Thompson Benefit Solutions.

HM Revenue and Customs has confirmed people can split pension transfers and still keep enhanced protection.

The Department for Work and Pensions has defended the Financial Assistance Scheme as the best way to compensate those who have lost their pensions.

A report from the Public Administration Select Committee has sided with the Parliamentary Ombudsman over claims of government maladministration.

Compulsory participation in a pension with limited investment choices is the future of pensions reform, claims a new report.

Around 80% of the working population say they would be able to afford the minimum contribution to a new system of personal accounts.

James Purnell, the minister for pensions reform, has criticised reports the government is planning to scrap the Financial Assistance Scheme.

Pensions tax simplification has not only altered the rules around pensions, but it could also have opened up a whole new area of retirement planning through offshore bonds.