Pensions
Pensions news from around the web
New pensions scandal is imminent unless MPs’ retirement fund is reformed
Telegraph: The Chancellor should use his Budget next week to avoid the next pensions scandal hitting millions of poor people – or, failing that, ensure MPs gold-plated retirement fund is calculated on the same basis.
George Osborne's 100-year bonds get short shrift from pension funds
Guardian: Pension funds are the the most likely investors in such long-term assets but they were among the first to dismiss the idea.
New EU rules wreck pensions
Express: Pension savers are facing a double whammy of pain because of new European Union rules, one of Britain’s top insurers warned yesterday.
AJ Bell warning on plan to cut pension tax relief
FTAdviser:Chancellor George Osborne will go down in history as the “architect of the demise of pensions” if he cuts higher-rate tax relief, AJ Bell has warned.
65% of Brits still rely on the state pension
IFAonline: Two thirds of Brits still plan to rely on the state pension to fund their retirement, according to research released today.
UK BUDGET 2012: What to expect from George Osborne's speech next week
Mail Online: Chancellor George Osborne has a vital Budget to deliver next week as he attempts to steer the fragile economy away from a dreaded ‘double dip’ recession following the final quarter contraction in 2011.
Tesco becomes first major firm to move pension age from 65 to 67
Telegraph: Tesco, the country’s largest private sector employer, is to raise its pension age from 65 to 67 in a move which could be followed by other major companies.
FSA highlights drawdown misselling risks
Money Marketing: The FSA has highlighted potential drawdown misselling concerns as tumbling annuity rates and Solvency II push investors towards alternative retirement products.
Don’t touch our pensions, Osborne told
Express: Standard Life yesterday called on Chancellor George Osborne to keep his hands off pensions in next week’s Budget following a blizzard of changes to tax and regulations over the past few years.
Pension scheme deficit falls 16% in February
FTAdviser: Deficit continues gradual decline after December 2011 peak, dropping by £43bn last month.
Outdated definition of fiduciary duty must be changed
Directors hit back at Balls’ pensions plan
Whyte link to pension fund's £3m Rangers loan
Discussions on public service pension design draw to a close
FSA to allow banks to pass toxic loans to pension schemes
Lack of resource main issue for medium-sized schemes – Aon Hewitt
Dorset limits inflation risk with £150m Insight mandate
Conservatives turn on Osborne over Budget pensions 'raid'
Companies unready for pensions rule change
Clydesdale and Yorkshire Banks sale sticks over pensions deficit
In Depth
In focus: Playing the long game
With the continuing crisis in Europe and the UK facing recession, where should pension funds look to ensure growth in their equity portfolios, asks Luke Clancy
Pensions: Our Views
Regulator reveals governance failings in Hugh Mackay scheme
Serious failings at the Hugh Mackay Retirement Benefits Scheme mean it will likely tip into the Pension Protection Fund, writes Luke Clancy
Snap in the face
Eastman Kodak’s bankruptcy may expose the weaknesses of the Financial Support Direction process
Too good to be true
The Regulator is clamping down on ‘pension loan’ websites; but is it doing enough?
Divide and conquer
An end is possibly in sight for the public sector pensions row
War against indexation
Steve Webb MP’s idea to scrap the need for inflation-proofed pensions should not be underestimated by interest groups
The death knell at Shell
Auto-enrolment and Solvency II are likely to have impacted on Shell’s decision to close its final salary scheme
Man the lifeboats
Failure is not an option
Shortest way out
Don’t delay!
Big fat problem
Grasping thorns
Should small businesses be forced to auto-enrol?
Pensions for the masses
Basically a good idea
Guilty as charged?
Not yet seeing eye to eye
Guilty as charged?
Basically a good idea
The trend: Getting better at corporate governance
