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pensions

Investment

Hutton admits means-testing needs to be halted

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.

clock 15 March 2006 •

Investment

DWP rejects Ombudsman recommendations

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.

clock 15 March 2006 •

Investment

One in five unaware of IHT threat to pension funding

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.

clock 15 March 2006 •

uncategorised

Fear of homes crisis as households rise - papers 15th March

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 .

clock 15 March 2006 •

Investment

NPSS could be 'lethal' to existing schemes

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.

clock 14 March 2006 •

Investment

ABI highlights final A-Day details still to be resolved

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.

clock 14 March 2006 •

Investment

Outstanding A-Day issues still to be finalised

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.

clock 14 March 2006 •

Investment

Actuaries call for independent pensions body

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.

clock 14 March 2006 •

uncategorised

Ministers to reject Ombudsman report - papers 14th March

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 .

clock 14 March 2006 •

Investment

Clerical to adopt role of 'Authorised Practitioner'

Clerical Medical has announced it will assume the role of ‘authorised practitioner' of a pension scheme if asked to by the trustees.

clock 14 March 2006 •
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