pensions

SOME OF Britain's most prominent business leaders have delivered a rebuke to Tony Blair after the government backed down on public-sector pension reform, according to The Times .

The Association of Independent Financial Advisers (Aifa) and the Association of British Insurers (ABI) have published a guide for consumers explaining how A-Day may affect their pensions.

A consultation paper on scheme specific funding from the Pension Regulator has suggested that not all defined benefit (DB) schemes will be covered by the new regulations until 2009.

The problem of filling member-nominated trustee (MNTs) vacancies on pension boards has been exaggerated claims the Trades Union Congress (TUC) in a new survey released today.

ANYONE SELLING a house will have to spend up to £1,000 providing an information pack for buyers as part of a shake-up of the housing market to be published by the government today, according to The Times .

A poll of 200 advisers by Norwich Union Equity Release reveals 78% believe they will be writing more business in the next six months, up 3% from last year, suggesting the equity release market is set to grow.

Employers who meet certain Financial Services Authority conditions can now promote their company pension schemes to staff without authorisation from the FSA - a move which has received positive feedback from the industry.

The new Savings and Retirement Account private members Bill is causing controversy in the industry before its even had its second reading in the House of Commons.

GORDON BROWN'S economic predictions were dealt another blow yesterday when a leading thinktank forecast a £10bn black hole in public finances and said economic growth this year would be the weakest for 10 years, according to The Guardian .

Over six million workers are not contributing to a pension plan with many stating concerns over affordability as the main reason, claims new research from B&CE Benefit Schemes.