John Hutton, Secretary of State for Work and Pensions has admitted reforms to the State pension should try and stop the spread of mean-testing to allow people to save with confidence.
The Department for Work and Pensions (DWP) has told the Parliamentary Ombudsman the Government is "not minded" to accept the findings of maladministration against it, and will not implement her recommendations.
Almost a third of adults are planning to use inheritance to fund their retirement despite 23% being unaware of the Inheritance Tax (IHT) charge if assets are over £275,000, claims investment manager Brewin Dolphin Securities.
THE NUMBER OF households in Britain is expected to rise by almost a quarter over the next 20 years, the government said yesterday, an increase which is likely to put further strain on the country's limited supply of housing, reports The Guardian .
A National Pension Savings Scheme (NPSS) could do lethal damage to the structure of existing pensions arrangements in the UK, claims Alan Pickering, senior consultant at consulting firm Watson Wyatt.
With less than a month until A-Day, the Association of British Insurers (ABI) is lobbying the Government to release final details and clarification on a number of outstanding issues and regulations.
With less than a month until A-Day, the Association of British Insurers (ABI) is lobbying the Government to release final details and clarification on a number of outstanding issues and regulations.
A permanent Pensions Commission should be established to ensure the link between increasing longevity and a rising state pension age remains fair, claims the Actuarial Profession.
CAMPAIGNERS WILL gear up for a battle for government compensation for 85,000 people who lost pension benefits when their occupational schemes were wound up, reports The Financial Times .
Clerical Medical has announced it will assume the role of ‘authorised practitioner' of a pension scheme if asked to by the trustees.