pensions

The self-invested personal pensions (sipps) market could gain around £250bn in assets following the A-Day changes, claims Suffolk Life.

The white paper on pension reform, widely expected to be published on Thursday, should meet five key tests, including setting out a clear timetable for reform, if it is to build a new sustainable system, claims the Trades Union Congress (TUC).

A National Pension Savings Scheme (Npss) would require some form of generic advice, the Treasury Select Committee (Tsc) has stated.

BRITAIN WOULD face a pensions crisis unless the government restored the earnings link to the basic state pension by 2012, John Hutton, the work and pensions secretary, warned yesterday, reports The Financial Times .

Everyone is gearing up for the apparent excitement of next week's DWP pensions white paper, as we finally get to learn the government's plans for the future of self-sufficiency at retirement.

The Board for Actuarial Standards (BAS) has now fully adopted existing professional guidance in addition to transitional arrangements for final revisions onto its website.

Every employer should sensibly check the pension contributions made to employee plans are cleared by the local HMRC office until clearer guidance on rules is delivered, claims Winterthur Life's pension strategy director.

An apparent loophole which may allow individuals to pass on money from their pensions without attracting an Inheritance Tax (IHT) charge is being investigated by Her Majesty's Revenue and Customs (HMRC).

Stewart Ritchie will be reducing his role at Scottish Equitable following his potential election as the next president of the Faculty of Actuaries.

Two in five under-30s believe they will have retired by the age of 50, despite the strong possibility of an increase in the state retirement age to 68 by 2050.