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Pension complaints up by 10%

Complaints about poor service by pension providers have increased by 10 per cent in the past year, according to The Pensions Advisory Service. TPAS handled almost 8,000 complaints about personal and occupational pension policies in the year to the end of March, despite industry initiatives such as Options, to speed up pension transfers.


Know your limit

As the dust settles on the bombshell Budget pension changes, what should advisers do now? The detail of the changes has thrown up some areas where clients will need urgent advice.

Wages fall for first time since 1930s

Nominal average earnings fell in the first months of this year for the first time since at least the 1960s.A report released by Capital Economics, a macroeconomic research group, says that the fall is the first since the Office for National Statistics average earnings index began in 1965. The report’s authors say longer-run data suggests […]

Analysis: Indian elections

India’s newly elected government has inherited a dire fiscal situation with little scope to address the economic downturn and reinvigorate reforms. But pressure is high. With 1.1 billion inhabitants, India ranks second only to China among the world’s most populous countries. Both main blocs, the Congress-led United Progressive Alliance (UPA) and the Bharatiya Janata Party […]


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