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pensions

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 •

Investment

Decumulation reform overlooked by government

Reform of the decumulation period of retirement has been largely overlooked by the government, regulators and the savings industry as a way of encouraging saving, claims the Actuarial Profession.

clock 13 March 2006 •

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DWP could face £5bn compensation bill - papers 13th March

THE GOVERNMENT FACES a £5bn bill to compensate 85,000 workers who lost their pensions when their employers went bust, amid growing speculation that a report this week by the parliamentary ombudsman will pin the blame on the Department for Work and Pensions...

clock 13 March 2006 •

Investment

NAPF updates pension divorce charges

A charging scale for handling pension sharing orders when scheme members divorce has been updated by the National Association of Pension Funds (NAPF).

clock 10 March 2006 •

Investment

Shift to DC schemes is harming the economy - TUC

A shift towards defined contribution (DC) pension schemes, and the growing use of hedge funds is creating a vicious circle of short-termism which is harming the economy, claims the Trades Union Congress (TUC).

clock 10 March 2006 •

Investment

Employers failing on A-Day communication

Large numbers of businesses are failing to tell their employees of the changes to their pension schemes following A-Day, claims Prudential.

clock 10 March 2006 •

Investment

DTI to ban forced retirement

Final regulations to outlaw age discrimination in the workplace have been published and laid before parliament by the Department of Trade and Industry (DTI).

clock 10 March 2006 •

uncategorised

Call for Brown to cut corporation tax - papers 10th March

THE COUNTRY'S THREE main business groups have slammed the Chancellor for overseeing a collapse in the country's international competitiveness and called on him to slash corporation tax in the Budget, reports The Daily Telegraph .

clock 10 March 2006 •
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