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Tories critical as NPSS ceiling lifted

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”.

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Kenny leaves ABI

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 […]

Measures to protect schemes

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 […]

Basic injustices

Many women are finding they have paid unnecessary voluntary NI contributions

Resurrection review

James Salmon reports on how pension review claims which were considered dead and buried are coming out of the woodwork

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