Legislation

UK - The ex-wives of Armed Forces Pension Scheme members may be entitled to the same rights as their former husbands following a High Court ruling.

UK - Consultants have attacked the Pensions Bill for failing to deliver any genuine simplification.

UK - Nagging uncertainties within the annuity market will be dispelled by the end of the first quarter, leading annuity providers say.

UK - Companies that pose a higher risk will pay more for the Pension Protection Fund (PPF) compensation cover and costs will be kept down for good employers with well-funded schemes, the government said today.

UK - Confusing Inland Revenue guidelines are preventing trustees of schemes in wind-up from using rules that could slash their liabilities, leading lawyers say.

UK - Employers could be forced to scrap their money purchase scheme contribution structures when European Union directives on age discrimination come into force, Aon Consulting warns.

UK - A lobby group is attempting to block "harsh and unfair" changes to the unfunded Armed Forces Pension Scheme.

UK - Stock market gains were wiped out by increases in scheme liabilities last year, Watson Wyatt claims.

UK - Pensions minister Malcolm Wicks will give an insight into the pensions White Paper at the Pensions Management Institute spring conference on March 11.

Final salary scheme pensions will be up to £24,000 a year more than money purchase payouts under the £1.4m savings limit.