Pensions

Momentous pensions announcements seem to be coming along on a regular basis these days. But last month’s leaked proposal to introduce a flat-rate pension of around £140 a week, payable to all...

Trevor Matthews, chief executive of Friends Provident has launched a vicious attack on pension providers using the period before the implementation of the retail distribution review to maximise sales of corporate pension...

The cost burden of setting up schemes should fall on the shoulders of employers rather than employees as proposed through consultancy charging, says Brian Morgan, director of business development at Heath Lambert...

The role of pension provision is likely to diminish as consumers demand more flexibility and a broader range of benefits, and employers demand more immediate engagement in benefit spend, say advisers are...

Public sector employees can expect to pay higher pension contributions and final salary schemes should give way to career average arrangements according to Lord Hutton’s Public Services Pension Report.Hutton says final salary...

Aviva has challenged the National Employment Savings Trust (Nest) over its assessment of the extent to which means-tested benefits will interact with auto-enrolment under existing rules.Nest assistant director of market and member...

Advisers will not be able to fail to make money from a ready-made supply of new business when Nest and auto-enrolment come in because employers will be desparate for their services, says...

Nest and UK private pension plans could face competition from foreign providers keen to infiltrate the British market with low-cost solutions, pensions lawyer Robin Ellison has warned.The senior partner and actuary at...

Employees who are dismissed for long-term absence will find it easier to successfully claim discrimination because the Equality Act places increased obligations on employers to deal with the sickness issues, warns Canada...

The State Pension Age will rise to age 66 by 2020, the government confirmed in last month’s comprehensive spending review.Women’s SPA is currently scheduled to increase from 60 to 65 between 2010...