The FSA says it has no plans to extend its powers to cover occupational schemes at present, but says it will look again at the issue if commission through trust-based arrangements becomes...
Today’s FSA consultation paper, CP09/31, Delivering the Retail Distribution Review: Professionalism, Corporate Pensions, proposes an end to the current commission-based system of adviser and employee benefit consultant remuneration in the GPP market....
Friends says the launch, which is pencilled in for later in 2010 although no date has yet been fixed, is designed to offer a home for the funds of employees leaving corporate...
The restriction of pensions tax relief from April 2011 will apply to those with gross incomes of £150,000 and over, where gross income incorporates all pension contributions, including those funded by an...
Today’s pre-Budget report confirmed that National Insurance rates will increase from April 2011 by 0.5 per cent, in addition to the 0.5 per cent increase unveiled in the 2009 Budget. But the...
Delivering today’s pre-Budget report, Chancellor Alistair Darling said the decision to delay the roll-out of automatic enrolment and personal accounts was one of a series of “tough but necessary choices” to cut...
The insurer is planning to launch its Large Individual Defined Benefit Annuity (LIDBA) product in the first quarter of 2010.The product combines the philosophy of bulk purchase with individual pricing of annuities,...
The consultancy warns that the ability to defer tax on employee benefit trusts, one of the key solutions used to compensate high earners for the impending loss of pension tax advantages, may...
NICE rejected the use of Avastin, the drug used in treatment against colorectal cancer whose chemical name is bevacizumab, last week on grounds of cost effectiveness, although it acknowledged that the drug...
JLT says combined revenues of £125m and staff of 1,400 mean it has leapfrogged Aon, taking its place in the top four alongside Mercer, Watson Wyatt and Hewitt. Duncan Haworth, chief executive, JLT...
