pensions

STANDARD LIFE yesterday shrugged off a near 50% decline in sales of individual pensions in the first nine months of the year as it continued to push its higher-margin products - a key part of its plans to float on the stock market in 2006, according to...

Officials from the Occupational Pension Regulatory Authority (OPRA) have been criticised in a report from the Department for Work and Pensions (DWP) for their handling of the theft of almost £3m from an occupational pension scheme.

REGULATORS FAILED to prevent fraudsters "systematically plundering" £3m from a company pension, according to an inquiry by Sir Gerald Hosker QC published yesterday, reports the Daily Telegraph .

Regulations governing the Pension Protection Fund (PPF) have been released for consultation by the Department for Work and Pensions (DWP).

The Association of British Insurers (ABI) has published a financial promotions resource pack for providers to help them ensure their marketing and publicity material for life and pensions products is clear, fair and not misleading.

Pension Simplification could leave the pensions industry facing a £100m customer service bill, answering questions from IFAs and customers about the A-day changes, claims software company Transversal.

On his first Ministerial appearance since taking over the role of Secretary of State for Work and Pensions, John Hutton has said he is determined to carry on his predecesor's programme of reform.

Under new maximum drawdown levels published for consultation, a person moving to an alternatively secured pension when they reach 75 could see a drop in maximum income of around 40%.

More income drawdown products will start charging installation or set up fees after the A-day changes come into effect, claims a new report by Defaqto.

A Women's Pension Network is being co-ordinated by the Equal Opportunities Commission (EOC) as part of a campaign to reform the pensions system and close the pensions gap.