pensions

Scottish Equitable is to begin its latest series of IFA roadshows on the challenges facing advisers post A-Day at the end of next week.

Average income from private pensions has tripled compared to the growth in state pensions since 1979, claims a pensions report from Clerical Medical.

A LONG-AWAITED report into the dominance of the Big Four accounting firms was welcomed by auditors yesterday after it declined to make any policy recommendations, reports The Times .

One in five adults are more likely to spend their spare cash at the end of the month on a shopping spree or a holiday than save for retirement, claims Aon Consulting.

Deutsche Bank and Eton Park International LLP are leading a consortium of backers for Mark Wood's new company Paternoster Limited, after announcing an investment of £500m of equity financing.

The popularity of Self-Invested Personal Pensions (SIPPs) is expected to grow by over 50% following A-Day, claims adviser research from FundsNetwork.

Advisers can still pay a critical part in the pensions market following A-Day by making investment portfolios the key focus, claims Defaqto.

The final draft code of practice for Member-Nominated Trustees (MNTs) and Directors on putting arrangements into place has been published by The Pensions Regulator, along with a provisional timetable for the issuing of outstanding codes.

THIS MORNING'S papers seem to be dominated by the effects of the new pensions regime which comes into force today.

The Pensions Commission has acknowledged it would be "dangerous to proceed" with a national Pensions Savings Scheme (NPSS) without making allowance for individual advice if a compulsory employer contribution is not included.