The cost of implementing the Financial Services Authority's (FSA) platform proposals has reduced from £174.6m to £103.8m as a result of its decision not to go ahead with its ban on cash rebates.
The FSA says platform charging rules will not come into force by the RDR deadline of 31 December 2012, as more research is needed before it can make the final decision on whether to ban cash rebates.
The British Medical Association (BMA) has lost a high court case challenging NHS rules which mean doctors' widowers receive smaller pension payouts than those of doctors' widows.
Source Pensions, a new platform for occupational pension schemes, was today launched in the UK.
Close International is increasing the options available on its International Retirement and Savings Plan.
Just Retirement's new business sales for the year to June 2011 were £1.13bn, representing at 13.3% increase on 2009/10 figures.
Bupa has launched a new private medical insurance (PMI) product on to the direct market.
Senior financial services executives are concerned the FSA's post-crisis clampdown is harming the UK's international competitiveness, according to a poll.
Royal London 360° has appointed Dan Moss as International Sales Manager - North East and North West UK.
The government must impose stakeholder-style caps on charges for auto-enrolment pensions or risk complaints over mis-selling, according to a new report.