Public understanding of annuities has improved but more work is needed as the debate around pensions hots up, according to the Association of British Insurers.
A Treasury consultation on the regulation of sipps is scheduled to close next week, but pension expert John Lawson queries whether the Treasury will drop its plans following the U-turn on residential property and prohibited assets in self-invested pensions....
The changes in the rules affecting residential property as an investment will result in a reduction in the amount of self invested personal pension (Sipp) business according to new research published today.
CASH-STRAPPED companies will be able to reduce their payments to the Government's pensions lifeboat in return for promising their headquarters to their final salary scheme, according to the Times .
Jo Smith, consultant at Teamspirit, explains exactly what the pre-Budget report means for pensions ahead of A-Day as well as the implications and remedies now for both clients and intermediaries.
Industry officials say a contributory factor to the Treasury's withdrawal of tax relief on residential property in sipps could be because launch of the computer system to monitor such investments was at least six months behind schedule.
Legal and General has unveiled a series of marketing tools to help advisers encourage clients to take advantage of the "carry back" rule before it is abolished.
Thousands of UK companies will put more effort into improving their credit rating to reduce their Pension Protection Fund levies, than they will into dealing with pension scheme deficits, suggests research from Aon Consulting.
FIGURES OUT next month are expected to show more British businesses than ever before are cutting dividends because they need cash to cover black holes in their pension funds, according to the Times .
New funding regulations for defined benefit (DB) occupational pension schemes have been laid before Parliament, ready to come into force from December 30.