The Association of British Insurers has "caved in" and agreed with proposals presented by the Pensions Commission, say intermediaires, in presenting its 'Partnership Pensions' alternative to the National Pensions Savings Scheme (NPSS).
Stephen Timms, minister for pensions reform, says compulsory employer contributions are a significant element of the National Pension Savings Scheme (NPSS) proposals, suggesting it could feature in the government's White Paper on pensions in the spring....
EVIDENCE THE mortgage market rebounded in the last six months of 2005 was provided yesterday by Bradford & Bingley (B&B) and Britannia building society, which both revealed they had lent record amounts, reports The Guardian .
An increase in the level of government inflation-linked bonds may not be enough to satisfy demand by pension funds, claims Watson Wyatt.
THIS MORNING'S papers are all discussing the merger of Merrill Lynch's asset management unit with Blackrock.
People retiring this year need a pension fund of at least £130,000 to make up the average income of £12,500, as increased longevity means their money has to last longer, claims Prudential.
Apart from A-Day, there is a high degree of likelihood the acronym NPSS will make its way into the public conciousness.
A new e-learning programme for pension scheme trustees has been launched by the Pensions Regulator.
The National Pension Savings Scheme (NPSS) carries too much investment risk for the lower paid employees it is meant to be helping, claims the Association of Consulting Actuaries (ACA).
PENSIONS campaigners were yesterday gearing up for battle as it emerged the government planned to fight recommendations it should pay compensation for lost pensions, reports The Times .