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Aon backs employers in stakeholder debate

Aon Consulting is calling for employers not to be held responsible if a stakeholder pension performs badly.

Aon says a key factor in making stakeholder pensions work will be to keep the burden on employers to a minimum.

Although it says it is too early for employers to take any action on stakeholder, Aon believes it may be appropriate for employers to consider the eligibility conditions to existing occupational schemes.

Aon Consulting director of research Donald Duval says: “It is important that the Government recognises its responsibility for ensuring that stakeholder pensions work properly, and they should not attempt to palm this off on employers.”


Skipton Guernsey – High Interest Account (inserted 4/11/99)

Fixed Rate BondType: Bond offering fixed interest payments over a choice of terms.Minimum-maximum investment: £10,000-£2m.Interest rates: 6% gross for 1 year term, 6.75% for 3 year term.Term: 1 or 3 years.Offer period: Until further notice.Withdrawal penalties: Withdrawals not permitted.Tel: 01481 727374.

PIA fines IFA £12,500

The PIA has taken disciplinary action against Sinclair Osborne Financial Services of St. Andrews Fife.The firm has been reprimanded and ordered to pay £12,500 for compliance failings related to the pensions review.It has also been ordered to pay £4,000 in respect of PIA&#39s costs.

BoS pledges to continue fight for NatWest

Bank of Scotland has pledged to continue its fight for NatWest even if Royal Bank of Scotland tops its £22bn bid.The pledge follows a rebuke by the Takeover Panel for BoS&#39s attempts to force RBS to clarify whether it intends to bid. The Panel turned down BoS&#39s request that it make RBS declare its intentions […]

Iain Chadwick

The Budget 2015: a brief overview

Following George Osborne’s delivery of his sixth Budget as chancellor and the last of this current parliament, we have provided a brief overview of the initiatives put forward in his statement, focusing on the topics that have an impact upon the pensions landscape, savings, personal taxation and businesses.


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