The A J Bell Group is urging other providers to follow its example of not allowing "wasting assets" into any of its self invested personal pension (SIpp) products after A-day.
GE Life has raised concerns that some pension policy holders could exceed their Lifetime Allowance limit (LTA) and be subject to a higher tax charge after new rules are introduced on ‘A' Day.
PRESSURE ON Gordon Brown and the Bank of England over worsening economic prospects mounted yesterday as a surprise slump in industry sparked City warnings third-quarter growth could drop as low as 0.2%, according to this morning's papers.
The National Association of Pension Funds (NAPF) wants the compensation costs of failed pension schemes which fall under the government's Pension Protection Fund (PPF) to be spread fairly amongst the remaining schemes.
Aegon has altered the structure of its UK operations and created two new businesses which the firm argues will enable it to better anticipate and respond to the needs of its core markets.
MEMBERS OF final-salary and public-sector pension schemes should be forced to support the government's pensions lifeboat with an annual levy of £620m, Frank Field, the MP and pensions campaigner, said yesterday, reports the Times .
New research from Prudential has warned the number of people working past retirement age could rise to 2.5 million in the next five to 10 years.
Alliance Trust Savings (ATS) is acquiring Wolanski & Co Trustees Limited (WACT) today in a deal it claims will create a top five self invested personal pension (Sipp) provider.
FIDELITY INTERNATIONAL, Britain's biggest retail fund manager, is preparing to launch its first new investment trust for ten years, reports the Times .
The Treasury has this morning published its proposals for consultation on the regulation of self-invested personal pensions and the creation of a new regulated activity that could require investment advisers to re-register with the Financial Services...