pensions

The Association of Consulting Actuaries has proposed a tax framework for residual pensions in response to a HM Revenue and Customs discussion paper on inheritance tax and pensions simplification.

The Association of British Insurers (ABI) has released new guidance on basic advice which aims to help providers understand and interpret FSA regulation and improve consumer knowledge and confidence.

The situation concerning tax-free cash and transfers of pensions after A-Day appears to have been resolved by HM Revenue & Customs after representations from pension and life companies.

DAVID WILLETTS, shadow trade and industry secretary, last night called on the government to "socialise" part of the pensions burden for business or risk the prospect of zombie companies struggling to meet payments to former workers, says the Guardian....

THE ACCOUNTING Standards Board (ASB) is reconsidering its controversial method for reporting pension deficits, though it says it is "not flawed", according to this morning's papers.

Scottish Equitable is offering advisers an A-Day education package combining roadshow presentations from 27th October and computer-based training.

New research from Norwich Union (NU) suggests that older workers are prevented from working as long as they wish because of barriers in the workplace.

Most companies are unaware closing a defined benefits (DB)pension scheme is not enough to avoid a Pensions Protection Fund (PPF) levy, warns First Actuarial.

Self-regulation by providers of self invested personal pensions (Sipps) is the key to maintaining consumer confidence until formal safeguards are put in place, according to Standard Life.

Allowing residential property to be held as part of a self-invested personal pension is unlikely to alter the buy-to-let market, claims Landlord Mortgages.