The Conservatives have attacked plans to set the maximum annual saving in personal accounts at £5,000 rather than the £3,000 proposed by Lord Turner, saying it could lead to the “backdoor nationalisation of occupational pension provision”.
ABI director of life and pensions Chris Kenny is to leave the trade body at Christmas after three years with the organisation.ABI deputy director-general Stephen Sklaroff will take on Kenny’s life and pensions responsibilities with some of his responsibilities reshuffled.The ABI says that after the publication of the Government’s White Paper on personal accounts Kenny […]
The Government says a 0.3 per cent annual charge is still a realistic long-term aim for personal accounts but accepts that charges will be higher initially.Savers will be given a limited choice of funds, possibly including some branded products, and a default fund which most people will be auto-enrolled into with the chance to opt […]
Many women are finding they have paid unnecessary voluntary NI contributions
James Salmon reports on how pension review claims which were considered dead and buried are coming out of the woodwork
After an “interesting” year, Peter Saacke separates the so-what stories (the Swiss franc, Grexit) from the ones with lasting impact on global equities.
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The Liberal Democrats have branded the government’s decision to delay a pot follows member pension system “incompetent”. The Liberal Democrat spokesman for work and pensions Stephen Lloyd MP says the move by pensions minister Guy Opperman shows how “rudderless” the current government is on pensions policy. Last October Opperman suggested the pot follows member initiative […]