THE UK government could face legal action in the European courts for permitting age-related pension contributions in the face of new EU age discrimination laws, a consultant warns.
The EU’s age discrimination directive, which comes into force on October 1, prohibits any discrimination on the grounds of age in employment practice. However, in its transposition of the directive...
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MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.