Pensions

1.2M fine for Norwich Union Life

The weaknesses in Norwich Union Life's systems and controls allowed fraudsters to use publicly available information including names and dates of birth to impersonate customers and obtain sensitive customer details from its...

Welcome for Sipp liberation

The DWP said the regulations are now considered unnecessary particularly in the light of recent changes which mean Sipps are regulated by the FSA.The consultation on draft regulations which will allow Sipps...

A suitable sacrifice

The sense of uneasiness around salary sacrifice arrangements has been increased by an attack on those advisers setting up schemes that pass all employer's NI savings to the employer.Steve Bee, head of...

Russian classes

Russia is witnessing the rapid growth of the consumer, with an expanding middle class and boosted spending power. It is a great time to be an investor in emerging markets.The emerging Russian...

Shamed by the unions

It is a great shame that government's plans to deliver a generic pension aggregation tool for citizens have, at least for the time being, bitten the dust. I always felt this was...

Planning to get Personal

Pensions experts have been poring over the Pensions Bill – outlining the launch of workplace-based Personal Accounts – since it was published at the beginning of December.To many it marks a new...

A personal account

Most intermediaries in the corporate pensions space have an interest, if not a desire, to see Personal Accounts go the way of other controversial Government-sponsored administration and technology outsourcing operations, most notably...

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