The Government says advising employees to opt out of auto-enrolment will be permitted after 2012, but concedes the rules on inducements remain unclear.Advisers attending the Corporate Adviser DC Summit quizzed David Haigh,...
New taxes on high earners will force decision makers away from workplace pensions, according to three-quarters of delegates at the Corporate Adviser DC Summit.A poll taken at the event found 74 per...
Employee benefits consultants have vowed to fight attempts by insurers to bypass the advisory market in the corporate pensions sector, threatening to fight fire with fire.Dick Strattan, head of employee benefits at...
The CBI is calling on the Government to keep employer duties for those wanting to opt out of personal accounts as light as possible or face mass levelling down.Speaking at the Corporate...
Debi O’DonovanLast month the government launched its consultation into how the current default retirement age (DRA) is working. I for one would like to see the back of it as fast as...
More than nine out of 10 corporate advisers believe personal accounts and auto-enrolment will be a boon for advisory business in spite of ongoing uncertainty around the proposed regime.Responding to a survey...
Trust-based schemes will remain attractive to some employers post-2012, whether or not the FSA attempts to restrict them, said delegates at the Corporate Adviser DC Summit.Delegates said that even though the FSA...
THE NAPF called on advisers to get on board with its Pensions Quality Mark (PQM) to reduce the risk of leveling down that the industry is so fearful of.Richard Wilson, senior policy...
The FSA lacks experience and is failing to appreciate the similarities between IFA commissions and employee benefit consultant fees, advisers have warned.With just weeks until the FSA reports back on responses to...
Proposals to introduce target date funds as a personal accounts default strategy prove a far greater challenge than originally anticipated, delegates at the Corporate Adviser DC Summit heard.Initially touted by the Personal...
