March
2004
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Simplification
is here - well, 2006 anyway
Gordon Brown's much anticipated budget speech has revealed
that not only will a pint of lager go up a penny, but pensions
simplification will go through, the lifetime limit will be set
at £1.5 million and A-day is now further away day - pushed
back to April 2006 |
17/03/04 |
Industry
urges Gordon Brown to "get on with simplification"
In light of the findings of the National Audit Office (NAO),
leading pension industry players are urging Gordon Brown to
press ahead with pensions simplification when he delivers his
budget on 17 March |
16/03/04 |
Industry
experts voice Pensions Act concerns
The government's Pensions Act was under heavy critical assessment
by attendees of the Pensions Management Institute (PMI) spring
conference, Pensions Revolutions!, which brought together
managers of some of the biggest pension schemes in the UK
|
15/03/04 |
A
clearer perspective from the Pru
Prudential has been accredited for the third successive
year under the Raising Standards quality mark scheme |
10/03/04 |
Property
opportunity in Liverpool
Private investors, SIPPs and SASSs are being invited to
invest in Close Property Investment’s Fixed Uplift Properties
Plc which is anticipating capital growth of circa 10-12% per
annum over six years |
10/03/04 |
Sorting
the good from the bad
Investors wishing to assess the corporate governance risks
of a company will soon have a new set of indices to refer to,
following a collaboration between global index provider FTSE
Group and Institutional Shareholding Services (ISS) |
10/03/04 |
NAO
reports back on £1.4m lifetime limit
Government estimates of the numbers likely to be affected
by the proposed £1.4m lifetime allowance are on the low
side although not unreasonable, according to the much anticipated
National Audit Office (NAO) report released today |
09/03/04 |
Government
seizes on Penrose report to deny redress
Hopes for those who suffered losses at the hands of Equitable
Life have been dashed, following the publication of Lord Penrose’s
report into the scandal |
08/03/04 |
Treasury
proposals create potential for poor advice
Company employees could face increased pension mis-selling
while IFAs could see an influx of competition if proposals relating
to financial advice are implemented, it has been argued |
08/03/04 |
DWP
boosts incentives for state pension deferral
Government incentives aimed at encouraging individuals to
defer claiming their state pension in return for a lump sum
have been fleshed out in the last month |
04/03/04 |
Directors
reap benefits while employees suffer
Directors of the UK’s top 100 companies are pumping
millions into their own pensions while staff final salary schemes
are being cut and contributions to staff money purchase schemes
are too low, according to the TUC’s latest PensionsWatch
report |
04/03/04 |
