FTAdviser latest:Drake replaces Myners at helm of Pada

Jeannie Drake has been appointed as the acting chair of the Personal Account Delivery Authority (Pada), replacing Paul Myners who has resigned to take up a role with the government.

ABI welcomes personal accounts contribution caps

The Association of British Insurers (ABI) has applauded the government's decision to impose contribution limits for personal accounts to ensure they do not damage the existing pensions market.

O'Brien moves on at key moment

Industry experts express surprise at timing of O'Brien's departure

Closure of DB schemes slows, but switches to DC likely

The closure of final salary schemes in the private sector has continued to slow, with just 3 per cent defined benefit (DB) schemes closing over the last year.

Govt urged to bring forward auto enrolment

The Association of British Insurers (ABI) is calling on the government to bring forward auto enrolment into existing occupational pension schemes, in a bid to ensure more people benefit from saving into a pension in the long-run.

Personal accounts will not defuse pensions timebomb, say Lib Dems

More must be done to instil a savings culture, says shadow secretary of state for work and pensions for Liberal Democrats

Gov't examines various state benefit scenarios

The government could be forced to increase state benefits in order to prevent some people losing out when they are auto-enrolled in pension schemes from 2012, Mike O'Brien has admitted.

Delivery authority looks to Richards for business role

Former Citibank man Simon Richards has been announced as business delivery director for the authority

Scottish Parliament threat to new pensions

Personal accounts could spiral in cost if the Scottish Parliament exercises its right to change the rate of tax north of the border, a legal expert has warned.

Forget relying on inheritance as nest egg, warns Standard

Its latest research shows one in five people are banking on being left money

Features

Pensions spotlight - Imagination for money purchase pensions

Increasing reliance on money purchase pensions is bringing out their shortcomings, suggests John Chapman


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Features

Pension provisions will slide in 2012 - ACA

New research reveals companies will cut pension provision when Personal Accounts is introduced.


Comments

Reversing the family roles

Why is it that one of the obvious solutions to the pensions crisis, even if not a commercial one, is never even whispered in polite company?



It's time to unleash the potential of protected rights

New pensions legislation coming into effect from 1st October heralds greater control, investment choice and flexibility for protected rights. It’s time to unleash their potential writes Andy Pennie.

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