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Simple arithmetic

Is there a conspiracy going on here? Could the real reason for David Blunkett’s resignation be that he just couldn’t get his head around pension simplification? If so, I suspect he is in good company. Four different Work and Pension Secretaries in just one year must prove something. I hope John Hutton knows what he is letting himself in for.

Michael Lindsey

Leighton Buzzard, Bedfordshire

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The art of pension investment

Specialist pension adviser Richard Jacobs believes he is the first person to have lined up an original artwork for his Sipp on A-Day. Jacobs, who is managing director of Richard Jacobs Pensions & Trustee Services, has bought an original pencil sketch by famous wildlife artist David Shepherd at a charity auction and intends to invest […]

Opening up the home reversion market

Key Retirement Solutions business development director Dean Mirfin says advisers have a duty to consider home reversions as well as lifetime mortgages for equity-release clients

DWP turns to the universal pension

Axa believes the universal state pension is back on the agenda after the Department for Work and Pensions asked for industry feedback on whether a residency-based scheme would be cheaper than contribution- based benefits. The question is in the DWP’s consultation, Women and Pensions: The Evidence, issued last week. The DWP says: “Given the improvements […]

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David Cameron appoints former adviser to Tony Blair as new pensions minister

Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.

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