View more on these topics

Partnership bill gives gay couples rights to Comps

Gay couples will get pension benefits in contracted-out schemes and the right to pass on survivor pensions following amendments to the Civil Partnership Bill.

The changes mean Comps will be required to provide survivor pensions for civil partners from rights accrued back to 1988. This is designed to replicate the position for widowers who gained survivor benefits in 1988.

The amendments were introduced by DTI minister Jacqui Smith at the report stage of the bill and announced at committee stage. It is expected to be passed by the end of the year.

To be eligible, same-sex couples will have to register as a civil partnership with a civil partnership registrar authorised by the registrar general.

Work and Pensions Secretary Alan Johnson says: “The Civil Partnership Bill is all about equality. This has important practical applications. Often, a pension will be the most valuable asset that an individual has, so their ability to pass it on is crucial.”

Recommended

Setting sale

James Brown has run his limited company for five years and now wants to sell it and enjoy retirement.

Vantis service cracks tax

Vantis Tax is introducing a new electronic tax support service which it says will give IFAs a new revenue stream. TaxCracker provides IFAs with a software-based tax questionnaire which allows them to profile clients and identify tax requirements based on information about income, assets and estate. The research team will analyse this data and recommend […]

Premier rolls on

Premier Asset Management has brought out the Premier growth plan limited editions no 23. This is a FTSE 100 linked capital-protected bond which has the potential to mature each year during its six-year term.

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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 advice.

    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

    Email: customerservices@moneymarketing.com