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Pension Reform
I like the summary of the paper written by the former Pensions and Energy Minister Malcolm Wicks. http://www.moneymarketing.co.uk/politics/former-pensions-minister-wicks-calls-for-social-insurance-system/1051288.article Having such radicle reform of state benefits...
The FSA & Final Salary Pensions
I cannot foresee circumstances where I feel it would be the correct thing for a client to transfer from a final salary pension to a money purchase pension. I am pleased the FSA is tightening up the rules according to this article...
Employers & Final Salary Pensions
I laughed when I read the following article http://www.moneymarketing.co.uk/pensions/employers-are-willing-to-shoulder-retirement-risk-says-webb/1050358.article I think there will be very few employers who will actually accept more pension liabilities for their staff....