The potential liability risks to advisers has caused the Association of Independent Financial Advisers (Aifa) to tell its members it is not opposed to the Government's move to change the rules on the inclusion of residential property and other ‘exotic'...
The government's u-turn on sipps will not affect Standard Life's flotation next year "one iota" according to John Lawson, but he warns it could break smaller companies if legal action is taken by disgruntled clients.
The majority of IFAs advise their clients to contract back in to the State Second Pension (S2P), according to the Association of Independent Financial Advisers (Aifa).
What a mess! Just as we thought the public was finally talking about pensions, the government does a u-turn and leaves the industry to tell consumers they can't put residential property directly into a self-invested personal pension after all.
Almost three-quarters of UK businesses believe the Government is mostly to blame for the pensions crisis and £27bn savings gap, according to new research from Winterthur Life UK.
Winterthur Life UK has announced separate management teams for its IFA and traditional businesses from the beginning of next year.
Executives of leading companies are secure in "a pensions ivory tower", with most directors able to retire before 65 with pensions worth 26 times more than their employees, claims new research from the Trades Union Congress (TUC).
LORD TURNER was last night on a collision course with Gordon Brown over the affordability of State pension reforms that will be unveiled by the peer's commission next week, reports the Financial Times.
John Hutton, secretary of state for work and pensions, said there will be no relaxation of fiscal discipline and the publication of the Turner report will be the beginning of the debate on pensions, not the end.
In a survey of 15 european countries, the UK is ahead of France, Germany and Spain when it comes to pension provision, according to Aon Consulting.