The Pensions Bill could remove the need for formal section 143 Pension Protection Fund valuations, a consultant says.
Barnett Waddingham partner Robert Hawkes said the proposed changes in section 17 of the Bill were sensible because the PPF already has approximate valuations for its levy calculations with section 179...
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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.