News

Defined contribution (DC) members using the new pension flexibilities may find their savings are hit by inheritance tax (IHT) because of a "legislative error", Linklaters has warned.

Towers Watson has urged dynamic investors to take a short-term neutral position on UK and US bond rates after previously recommending a moderately underweight position.

The single state pension which will come in from April 2016 should not be undermined by devolution of powers to different parts of the United Kingdom says Steve Patterson.

Nearly half of UK law firms (45%) plan to offer paid-for financial guidance to employees in response to the pension freedoms with more than half (56%) of US/Global colleagues following suit.

The government has warned pension providers it is their responsibility to deliver the options promised by the ‘freedom and choice' reforms.

The Association of British Insurers (ABI) has hit back at proposals that providers would be "named and shamed" for not offering the full range of pension freedoms.

The vast majority of senior managers support flexible working with the practice also becoming more common.

The Pensions Ombudsman (PO) has ruled that a pensioner in the Civil Service Pension Scheme be refunded for repayments he made to the scheme after an overpayment error.

Private sector defined benefit (DB) pension schemes have total liabilities of over £2trn, according to figures published today.

The Royal Mail Pension Plan has selected an equity derivatives strategy to mitigate risks in its investment portfolio.