View more on these topics

New pensions legislation to follow Pickering

Alan Pickering’s report into pensions legislation is proposing a new Pensions Act which would repeal or consolidate all existing private pensions legislation.

This will include stakeholder legislation, pension sharing and divorce legislation brought in under this Government and the Pensions Act brought in following the Maxwell scandal.

A notice from the Department for Work and Pensions says it will consider the proposals and respond to Pickering’s report in a green paper this Autumn. It says the green paper will also cover wider pensions issues.

Recommended

&#39Need for standard misselling definition&#39

Ron Sandler has called on the FSA to come up with a standard definition of what constitutes misselling to provide IFAs and providers with greater certainty as to what is acceptable practice.In his report Sandler says there needs to be more information about misselling because of its importance in the regulatory framework. It points out […]

Grasp nettle of reform – Consumers Association

The Government should &#39grasp the nettle&#39 and prevent pensions policy becoming a short-term political football, according to the Consumers&#39 Association response to the Pickering report.The CA believe consumers are not saving because they are faced with a complex and inflexible system of products that are far too confusing. Consumers&#39 Association director, Sheila McKechnie said: “These […]

Consumer Panel says Sandler proposals put more pressure on consumer

PRESS RELEASE Date: 9 July 2002Ref: 06/2002Consumer Panel says Sandler proposals put more pressure on consumerThe Financial Services Consumer Panel warns that Ron Sandler&#39s wish to simplify the sale of savings products, published in his report for the Government today, is in danger of being achieved at the expense of consumer protection. The report proposes […]

Threadneedle favours corporate bonds

Threadneedle is doubling the proportion of investment-grade corporate bonds held in its European bond fund to 40 per cent.At present, the fund&#39s exposure to corporate bonds is around 20 per cent. Threadneedle says the move will allow the fund to benefit from increased opportunities in the European non-government market and will raise the yield on […]

Tree - thumbnail

The politics of healthcare

Healthcare is already one of the key battlefields in May’s general election, with each of the main parties committing to deliver improvements to the NHS and public health.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment