Suffolk Life will no longer accept self-invested personal pension business which comes direct from the public.
The Association of British Insurers (ABI) has admitted it is worried about the prospect of a National Pension Savings Scheme (NPSS) or an appropriate alternative not breaking even 30 years.
The introduction of a National Pension Savings Scheme (NPSS) will not get rid of the need for financial advice, claims Which?
THE GOVERNMENT has been given a bloody nose from the Treasury Select Committee and been challenged to defend Budget proposals to extend inheritance tax, according to the Daily Telegraph.
Fifty per cent of companies named in the FTSE 100 index are theoretically able to pay off their pension deficits within a year according to research from KPMG Corporate Finance.
The Pensions Reform Group (PRG), led by Frank Field MP, former Minister for Welfare, is meeting with the Prime Minister today to put forward an alternative method of financing the reform of the basic state pension.
Selestia has entered the pensions market for the first time after receiving the relevant permission from Her Majesty's Revenue and Customs (HMRC).
The Rights of Savers Private Members Bill, put forward by Sir Malcolm Rifkind, and which included the introduction of a Savings and Retirement Account (SaRA), has finally been thrown out by the government.
Pressurising people into saving in a National Pension Savings Scheme (NPSS) without access to financial advice is wrong and could leave the government open to mis-selling charges, claims the Tomorrow's Company think tank.
Standard Life has submitted evidence to the Treasury Select Committee which claims the cost of running a National Pension Savings Scheme is likely to be far higher for the private sector than it would be through a State-run plan and is likely to run up...