The new pensions minister Rosie Winterton has refused to rule out a Conservative proposal to temporarily suspend forced annuitisation at 75 due to the current market crisis.
Fitch Ratings has estimated the gross fiscal cost of the Government response to the financial crisis is 7 per cent of gross domestic product.
With redundancy rates rising thanks to Lehman Brothers, Bradford & Bingley, Lloyds/HBOS et al, questions are being asked of those providers offering protection against unemployment. Are they offering enough advice on the product? How well positioned are insurance firms to deal with the imminent influx of redundancies? And will providers start cherrypicking a client base, swerving to avoid those working in the financial sector?
Pension reform expert Dr Ros Altmann claims the Government is trying to solve the banking crisis without understanding the problem and says some banks should be allowed to fail.
Paul Casson, the manager of the Artemis Pan-European Absolute Return Fund, expects to benefit from a (patchy) recovery in Europe and more profit warnings in 2016.
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