The Capital Tax Office and the Treasury are still unable to agree on how inheritance tax (IHT) will apply to pensions eight weeks before A-Day, IFAonline has learnt.
ONE OF THE City's most respected fund management activists has warned of the potential power of the new state pension fund envisaged in Lord Turner's proposals for reforming the retirement system, reports The Guardian .
A consultation published by the Department of Work and Pensions (DWP) on the proposed European Directive on the portability of occupational pensions, suggests it could cost employers and employees an extra £210m a year in contributions.
An industry alternative to the National Pensions Saving Scheme (NPSS) will feature "a radical reduction in cost and the role of advice", Lord Turner has stated.
As the Association of British Insurers (ABI) prepares to submit an industry alternative to the National Pension Savings Scheme (NPSS) to the government by the end of next week, it seems not everyone supports the project wholeheartedly.
The Pensions Regulator is planning a series of free workshops to give practical guidance on dealing with scheme funding issues.
Advisers are being offered a whole new way to organise their business by Cofunds and Legal & General.
One in four pensioners are succumbing to the ‘pensioner splurge', by spending more in their first year of retirement than in any following years, claims new research from Prudential.
A RISE IN the pension age is "inevitable" by 2020, John Hutton, the Work and Pensions Secretary, said last night in a dramatic intervention that highlights the looming cash crisis, reports The Scotsman .
The Association of British Insurers will be presenting its alternative to the National Pension Savings Scheme to the government in the next few weeks although many are still unsure of the ultimate outcome of the exercise.