Legislation

An "old fashioned common sense" High Court ruling has approved an unusual compromise agreement on benefit equalisation for a Sea Containers scheme.

Britain would be 6% poorer over the next two decades if plans to raise the state pension age to 66 were not introduced, a study finds.

The legalisation of pre-nuptial agreements could make pensions on divorce more complex by putting limits on sharing orders, a lawyer warns.

Changes to the introduction of auto-enrolment will be deregulatory and reduce the burden on employers, pensions minister Steve Webb told MPs.

Labour has slammed the coalition government for dithering over plans to introduce a flat rate state pension after it shelved the launch of a consultation last year.

EUROPE - The European Insurance and Occupational Pensions Authority (EIOPA) held its first meeting today, confirming the membership of its newly elected Management Board.

Pensions minister Steve Webb will face a barrage of questions on pension changes next week as MPs return to parliament.

Employers are being warned there are only 90 days left before changes to pensions taxation are implemented on 6 April.

Trustees might have run out of time to notify members and sponsoring employers of allowing future surplus payments to employers under section 251, lawyers say.

An unsecured pension holder aged over 50 but not yet 55 can purchase a lifetime annuity or scheme pension without incurring an unauthorised tax charge, the Treasury says.