Standard Life

Standard Life has launched a new portal for online servicing of its 38,000 employer pension schemes called GroupPensionzone.

Pensions reform features heavily in this morning's papers with the government's tax plans coming under fire and pensions fund trustees being warned they could face legal action fior failing to take their share from US securities class actions.

Standard Life says it is in a god position to go ahead with its proposed demutualization in 2006 after publishing what it calls "a robust set of figures" for the first six months of this year.

A leading economist has hit out at the Turner Commission for wrongly focussing on a so-called ‘pensions saving' as the most relevant to the standard of life during retirement.

A ‘big bang' effect in the wrap arena may take up to five years to materialise for the industry as a whole, says Standard Life.

Adair Turner has approached the Investment Management Association (IMA) to examine cost-effective ways in which National Insurance contributions might be pooled and put towards a pension.

Standard Life has introduced a set of new initiatives aimed at supporting advisers ahead of A-Day.

A pensions expert has called for industry to lobby against the intention of the HM Revenue & Customs (HMRC) to tax all transfer lump sum death benefit (TLSDB).

Tenet Group has today confirmed Standard Life is its newest shareholder in the IFA network group while its existing shareholders have also increased their positions.

The Revenue has moved to close the loophole regarding a second tax-free lump sum for pre-1987 members of occupational pension schemes, previously left out of the 2005 Finance Act.