Government

Much has been made of the revolving door at the department for work and pension over the past 13 years with its steady stream of secretaries of state and pension ministers.

Leader: At the time of writing this piece on Tuesday, the prospect of a hung parliament looks like a foregone conclusion.

CANADA - The Canadian government has proposed shelving certain investment restrictions currently imposed on private pension plans.

Concerns over public sector pensions were ignored during the three party leader debates ahead of the election, Axa says.

Lack of political policy on personal finance sustainability so far has been ‘inexcusable', Fidelity International says.

The general election is likely to result in a hung parliament and the markets face a "corridor of uncertainty" as the parties negotiate the terms of a coalition government, Schroders says.

High earners who contribute 15% of salary to a pension could be £18,000 a year worse off following the raft of tax changes introduced by the government, Punter Southall warns.

Retirees aged below the new minimum pension age of 55 and in drawdown could face adverse tax charges if they want to annuitise or switch provider, Scottish Life warns.

Barbara Judge has been named as the next chairman of the Pension Protection Fund.

UK - Barbara Judge has been named as the next chairman of the Pension Protection Fund (PPF).