Professional Pensions | 31 Oct 2014 | 18:05
The Financial Conduct Authority (FCA) has raised serious concerns over a scheme to encourage people to cash in pensions which has already netted up to £4m.
Lord John Monks has branded the use of band earnings to calculate auto-enrolment contributions an “injustice” and said the government was “committed to excluding the low paid” from the initiative.
Professional Pensions | 31 Oct 2014 | 11:55
Malcolm McLean says the pace of change today is unprecedented, and calls for time to draw breath.
Professional Pensions | 31 Oct 2014 | 09:00 |
The Bank of England (BoE) has launched its biggest ever review into the fixed income, currency and commodities (FICC) markets following a string of recent scandals.
Professional Pensions | 30 Oct 2014 | 12:53
The government should consider scrapping the state pension to avoid national debt reaching unmanageable levels, argues a think tank.
Professional Pensions | 29 Oct 2014 | 13:02 |
HM Treasury could land a healthy windfall of £1.6bn as up to 200,000 people are expected to cash in the pension pots in April, according to research.
Professional Pensions | 28 Oct 2014 | 13:36 |
EU policymakers have stopped describing schemes as “financial institutions” and left more powers with member states in the latest draft of its Institutions for Occupational Retirement Provisions (IORP II) directive.
Professional Pensions | 28 Oct 2014 | 13:24 |
The European Insurance and Occupational Pensions Authority will soon launch a probe into how pension schemes have acted in stress scenarios over the past decade.
Professional Pensions | 27 Oct 2014 | 11:17 |
Signals coming out of government over the last year have given some cause for concern for member nominated trustees. Recent consultations have indicated an inclination to move away from lay trustees, certainly in new multi-employer schemes such as master trusts, and towards allowing the financial services industry to take control of governance.
Professional Pensions | 27 Oct 2014 | 09:00 |
The government's free impartial at-retirement guidance is aimed at middle Britain, not high or low net worth individuals, pensions minister Steve Webb has told MPs.
Professional Pensions | 24 Oct 2014 | 11:55 |
Firms yet to reach their auto-enrolment (AE) staging dates want the process postponed until wide-reaching changes to the pensions system are finalised, according to research.
Professional Pensions | 23 Oct 2014 | 13:41 |
BT has lost its fight to hold onto a partial exemption from paying the Pension Protection Fund (PPF) levy.
Professional Pensions | 22 Oct 2014 | 13:55 |
Short service refunds are to be banned from October 2015 according to the pensions minister.
Professional Pensions | 22 Oct 2014 | 13:14 |
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