Number 10 defends Gordon Brown's gold-plated pension; Aviva shores up pension fund after sales increase
The aggregate funding position of the 7400 defined benefit pension schemes monitored by the Pension Protection Fund worsened to a deficit of £2.2bn last month.
Confusion remains about whether retirees aged under 55 in drawdown can switch provider without triggering a tax charge, Hornbuckle Mitchell says.
Update 11.52am: The FTSE 100 has soared more than 250 points, or almost 5%, in morning trading as the markets took confidence from this weekend's €750bn rescue deal to defend the euro.
The Liberal Democrats could use a coalition government with the Labour Party to force through "penal" tax policies, a lawyer fears.
The Conservatives' pensions capability has been severely damaged with the loss of Nigel Waterson from the Commons, the EEF says.
Pensions will remain the political ‘elephant in the room' which ever party emerges as the victor, Sackers says.
Trustees of the John Lewis Partnership Trust have appointed Eversheds to act as the £2bn pension scheme's legal adviser.