Regulation

EUROPE - The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

Minor amendments to personal accounts scheme order and rules will be made as a result an industry consultation but no major changes will take place, PADA says.

EUROPE - The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

Millions of pensioners are paying too much tax, according to a National Audit Office report.

People must become more involved in their retirement provision ahead of significant changes to the pension landscape, a Pensions Policy Institute report warns.

High profile pension lawyer John Quarrell has lashed out at the financial regulators which shut down his company - accusing them of victimisation and underhanded behaviour.

There are signs the government is meeting some of the challenges facing the pensions industry, the Confederation of British Industry says.

The state pension age must increase to 70 by 2015 to avoid drastic public sector spending cuts, a research body says.

Current incentives to defer taking a pension are so attractive they provide a "back door" state retirement age of 70, the Institute of Directors says.