THE DEPARTMENT for Work and Pensions says fear of breaching European legislation and the risk of creating unfairness between generations has led it to discontinue its DC risk-sharing consultation.The Department accepted that...
Steve Herbert, head of benefits strategy, OrigenYES. Whilst the whole concept of corporate wraps is a good one, and nhas appeal to both employees and employers, I am concerned that ou industry...
Take-up of group Sipps has almost doubled in the last two years according to figures from Defaqto. In 2009 group Sipps made up 23 per cent of group pension recommendations amongst a...
THE BAN on commission on group personal pensions set out in the Retail Distribution Review will lead to a contraction in the numbers of corporate pension advisers and could see fewer consumers...
THE FSA 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 prevalent. Some...
Providers who conspired against commission in the group pension market will come to regret their decision, advisers are warning.Advisers say the divided nature of the group pensions market, split between providers who...
THE FULL roll-out of personal accounts and automatic enrolment will be delayed until 2017 to reduce the amount of tax relief given away by the Treasury, but large employers will still have...
As one provider exits the group risk market, so another joins. Ellipse may not yet be writing business with every consultancy in the sector right now, but it is setting itself a...
LEGAL & General is launching a new product designed to help small defined benefit schemes reduce their risk by providing an annuity for key individuals with large benefits.The insurer is planning to...
THE RECOMMENDATION from the National Institute for Clinical Excellence (NICE) that cancer drug Avastin is not a cost effective use of NHS resources highlights the differences between state and private care says...
