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.
Suffolk Life has launched a new look website designed to help advisers in their pre and post retirement planning for A-day and beyond.
Ian Naismith, head of pensions market development at Scottish Widows , explains the refined rules governing property in pensions since changes were announced in the pre-Budget Report, and what clients holding property should do now.
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.