News

The exclusion of micro-employers from auto-enrolment was ruled out due to the number of employees that would be excluded and "substantial" practical issues.

Pensions minister Steve Webb offered reassurance auto-enrolment and NEST would not lead businesses to ‘dumb down' their pension schemes.

The auto-enrolment review has proposed radically simplifying the certification process for existing workplace schemes.

L&G has launched a pre-paid funeral plan product into the IFA market, guaranteeing acceptance with no upper age limit and no health restrictions.

Automatic enrolment into workplace pension schemes will only apply when a person earns more than £7,475 per year, a government review has concluded.

The controversial bill to raise the French state pension age from 60 to 62 will face a vote in the lower house of parliament today following approval in the senate yesterday.

Shares pulled back further on Wednesday following a blow for miners and lacklustre performances on Wall Street and in Asia.

Billionaire investor George Soros has donated $1m in support of legalising marijuana in the stricken US state of California.

The government will launch a 'Junior Isa' for children next autumn to help fill the gap left by Child Trust Funds (CTF).

Pensions minister Steve Webb has admitted over 500,000 women would be excluded from NEST under plans to raise the earnings threshold for inclusion from £5,035 to £7,500.