View more on these topics

Experts called in to curb levelling down on NPSS

The Government has appoin-ted two industry experts to spearhead its drive to cut red tape for good occupational schemes and minimise levelling down when the NPSS is implemented.

Amicus joint deputy gen-eral secretary Ed Sweeney and former Unilever head of UK pensions Chris Lewin will work with an external advisory group to identify potential areas for change and to develop proposals for the deregulatory review.

The advisory group inc-ludes representatives of business, the pension industry and unions.

Minister for pension reform James Purnell says: “It is crucial that this review seeks a consensus on the regula-tory balance required between member protection and encouraging employer provision of pensions.”

Aegon Scottish Equitable head of pensions development Rachel Vahey says: “I do not think this will stop levelling down – it is too little too late after 10 years of costly regulatory reform.”


Duffin to leave ScotLife in reshuffle

Scottish Life chief executive Brian Duffin is leaving the firm at the end of March as part of an overhaul of the business.Parent firm Royal London has created a new division that will oversee all of its IFA businesses to be headed by John Deane, who joins from Old Mutual in April next year.Deane will […]

Too alternative for Aunt Agatha?

So, here we are, Christmas at last. The last chance I have to share with you my view of the investment scene before we all become immersed in turkey, mince pies and wrapping paper. My next column after this will be in 2007. How should I mark the ending of the old year, I wonder? […]

People will still be wary of pension perils

I try to be circumspect in my comments on the utterances of other IFAs. However, Tom McPhail’s prediction last week that savers will accumulate 10,000 by way of an Isa with a view to rolling it over into a personal account come 2012, thereby “hugely destabilising the IFA industry” is, to my mind, nothing more […]

Image courtesy of Stuart Miles at

Pension freedom: wish you were here?

Out there lies a warm ocean of desert islands, sun, sand and palm trees, where individuals can choose how and when to tax-efficiently access their pension fund and realise the retirement dreams they have worked so hard for.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm