Industry

Jonathan Stapleton asks how safe is UK soverign debt?

The government must make reforms to improve transparency and clarity around tax on annuities and trivial commutation of pension pots, the Office for Tax Simplification says.

A third of workers plan to opt-out of their workplace pensions after being automatically enrolled under the government's pension reforms, a poll reveals.

Savers' faith in pensions has reached a record low, prompting fears the upcoming auto-enrolment reforms will flop, the National Association of Pension Funds says.

The government is planning an overhaul of the way it grants tax relief on pensions which will cost the industry, employers and the government "hundreds of millions", Baker Tilly warns.

Savers should consider topping up their pension pots now in anticipation of further tax relief changes rumoured to be in this year's Budget, a consultant says.

The Association of British Insurers has launched its compulsory code of conduct for members on providing information to customers about annuities.

The government should scrap higher-rate tax relief and reinstate the 10p rebate on pension funds' dividend payments in this month's Budget, an economist says.

European insurance firms are "campaigning" for pension funds' capital requirements to be regulated more like insurers to generate increased business for the insurance sector, a leading MEP says.

The government's use of quantitative easing has given pension funds a boost, Bank of England economist David Miles claims.