Pension News in September, 2010

MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.

18th October 2018

September, 2010

:: News | 2010 | September, 2010

Register for News Updates

Tell a friend about News Updates

Follow pension news on Twitter

By the way these news updates are excellent and save a lot of time in trawling through different things!

Vince Smith-Hughes, Head of Business Development Annuities and Drawdown, Prudential

Enjoy these News Updates? Send us a comment and you could appear above. Include your name, title and organisation (if applicable).

MyCompanyPension is not responsible for external links or websites, or the content or material that they may display.

Some pages may have been updated since they first appeared, whilst others may have had titles changed by the host publication or website.

September, 2010 - pension related news in the last 24 hours

Pension and 'at retirement' news, articles, reports and research in September 2010. Register to receive one daily email of our news round-up with a brief commentary from Mike Jones (it takes less than 1 minute to sign up).

September 30, Thursday

Life expectancy continues to rise (Office for National Statistics)

Record number of centenarians in the UK (Office for National Statistics)

(3 pages)

Older People's Day 2010 (Office for National Statistics)

(13 pages)

Interim Life Tables 2007-2009: Expectation of Life (Office for National Statistics) (xls)

Just Retirement finds annuity customers active online (Just Retirement)

(3 pages)

ABI's Craig says auto-enrolment will not end the need for simplified advice (Citywire)

MGM predicts revolution in OMO uptake (FTAdviser)

FSA to increase FOS limit to £150k (Money Marketing)

Poll sees weak governance of pension schemes' data (FTAdviser)

Pay freezes won't thaw for two years (Telegraph.co.uk)

Nortel and Lehman join forces to challenge TPR powers (Professional Pensions)

Will Fair Deal for pensions survive the public-sector cuts? (HRmagazine.co.uk)

Poverty line plight of £27 per day pensioners: Retirement income is barely enough to cover bills (Mail Online)

Portugal govt to transfer PT pension funds to state (Reuters)

September 29, Wednesday

Ken Clarke gives up £2.3m grace and favour pension (Money Marketing)

Inside Britain's deathbonds scandal (Reuters)

How to take control of your pension pot (Mail Online)

Pensioner Income and Expenditure (Office for National Statistics)

Household pension resources (Office for National Statistics)

Inequalities and poverty in retirement (Office for National Statistics)

Death delayed (The Guardian) (life expectancy)

British wealthy redefine retirement (FundStrategy.co.uk)

Households save less amid pay freezes and high cost of living (Telegraph.co.uk)

MCP member Adam Posen warns Bank must act to stop long-term stagnation (Guardian.co.uk)

Schemes warned of 'volatile' inflation risk (Professional Pensions)

Aviva launches time to act pensions iPhone app (FTAdviser)

September 28, Tuesday

Brits saved £384bn into pensions and life funds over decade (IFAonline)

PPI warns of risk of ending annuitisation at 75 (FTAdviser)

Aegon keeps protection but shuts pension admin division (Money Marketing)

Protected pension lump sums: draft Treasury Order (HMRC) (published online 27/09/2010)

Pension auto-enrolment survey: companies progress with plans, but preparations stall (Mercer)

Mind the savings gap: time to rethink your pension plans (Telegraph.co.uk)

Lawson backs proposal to merge state pension benefits (Citywire)

Lowest paid face biggest gap between pension expectations and what they will receive (Daily Mail)

Ros Altmann: 'Most people will be unable to afford a traditional retirement' (Telegraph.co.uk)

New Permanent secretary for the Department for Work and Pensions (DWP)

Gold a trump card for pension funds (Reuters)

BBC pensions dispute: latest Q&As (BECTU)

Retirement Conference (The Tax Incentivised Savings Association)

Fraud suspected as dead city retirees continue to collect pension checks (NYdaily news.com) (overseas)

September 27, Monday

European funds mis-model liability hedges (Professional Pensions)

Small companies to see costs rise as pension rules introduced (Telegraph.co.uk)

IoD warns over retirement age plans (The Press Association)

Britain is now the home of the 'Neverretirees': We work longest after retirement age (Mail Online)

Pension pot of gold just gets bigger (Employee Benefits)

Rich shun retirement to stay in work longer (Telegraph.co.uk)

Pension Quality Mark Update (NAPF)

(2 pages)

Epsom's baby boom generation face delay in getting state pension (Epsom Guardian)

September 26, Sunday

Boomers ignore the next generation as they gild their retirement with private pensions (The Observer)

Public sector workers 'must increase payments' (Telegraph.co.uk)

Return of the homely way to ready cash (ThisIsMoney) (rise in equity release to fund retirement)

September 25, Saturday

Equitable Life campaigners troubled by a whiff of foul play (The Guardian)

September 24, Friday

Webb defends CPI pension switch (Citywire)

Ombudsman to merge with TPR; TPAS under threat; Nest reprieve (Professional Pensions)

Ministers mislead over life expectancy (The Guardian)

AstraZeneca strike and the state of pensions (BBC.co.uk)

Many Sipps just glorified personal pensions (FTAdviser)

Pension schemes: end of transitional period (HMRC) (reminder published 23/09/2010)

French trains grind to a halt as millions join pension strike (The Independent)

Pension trustees rattled by new rules (FT.com)

S.Korea pension fund to invest $300m in U.S. property (Reuters)

PAYE overhaul must not delay Nest (Money Marketing)

September 23, Thursday

Iberia approves BA pension recovery plan (Reuters)

Watch out for pensions in tax crackdown (Money Marketing)

TPR may not have power to enforce Lehman Bros FSD (Professional Pensions)

Pica refutes ABI's figures over annuity awareness (FTAdviser)

Savers' guarantee raised to 100,000 Euros (Guardian.co.uk)

Defined-benefit pension deficits widen, warns Mercer report (The Independent)

France braces for day of strikes over retirement age (Telegraph.co.uk)

Single Scot fund could launch next year (Professional Pensions)

Population Trends (Office for National Statistics) (Press Release)

(2 pages) Full Report Edition No. 141 - Autumn 2010

(1.61MB)

Trustee Education Programme (The Pensions Regulator)

(1 page)

September 22, Wednesday

How to solve the third sector pensions headache (The Guardian)

Delay retirement and keep pay as well as pension (Telegraph.co.uk)

Inflation has eaten £8 of every £100 saved (ThisIsMoney)

Britons warned of £300bn pensions savings gap (The Guardian)

IAW breaks pledge to compensate for unauthorised Sipp advice (Citywire)

UK pension gap is biggest in Europe (Telegraph.co.uk)

Research Report 687: Employers' Pension Provision Survey 2009 (DWP) (Press Release) Report

(1.36MB)

Dramatic rise in pensioners as baby boomers enter golden years (DWP)

Third AstraZeneca pension strike goes ahead (BBC.co.uk)

Call for 'Citizens Advice Bureau' for annuitants (IFAonline)

September 21, Tuesday

Nest to go ahead as private sector fails to offer solution (Citywire)

Advice gap is a national issue (Money Marketing)

M&G's bond fund enters an inflated market (Guardian.co.uk)

ACA calls for Minimum Income Requirement rules to be broadened so more retirees can have option not to annuitise (Association for Consulting Actuaries)

(2 pages)

Boss who led Lloyds to brink quits on £4m pension (ThisIsMoney)

Dementia cost 'to top 1% of GDP' (BBC.co.uk)

Do children need pensions? (Telegraph.co.uk)

Asset-backed funding surge set to continue (Professional Pensions)

'Virtually all' IFAs have recommended Sipps (IFAonline)

French senators to make minor pension concessions (Reuters)

September 20, Monday

Aegon urges Govt to drop Labour's "piecemeal" approach to pension reforms (Money Marketing)

TPR slaps six Lehman subsidiaries with FSDs (Professional Pensions)

Health statistics suggest many more might qualify for increased income from their pension funds (Just Retirement)

(4 pages)

Cut welfare and public sector pensions, CBI urges Osborne (The Guardian)

Increase in pension scheme buy-out demand in 2010, but average transaction size remains low (Mercer)

(2 pages)

UK regulator to seek Lehman assets (FT.com)

Newspaper staff face cut in pay and pensions (IrishTimes.com)

Focus on Consumer Price Indices (Office for National Statistics)

(94 pages)

House prices fall for a third month in a row (ThisIsMoney)

September 19, Sunday

Bank's money printing programme to boost economy hits pensions (Mail on Sunday)

Australian pension reform in jeopardy (FT.com) (annuity comparison with UK)

US pensions are massively underfunded, and have ridiculously rosy assumptions (Business Insider)

September 18, Saturday

Parents won't have wealth to pass on, report (Telegraph.co.uk)

'Pension fund firm rejected my French documents' (The Independent)

Public sector employees to pay hundreds each year to cover loss of 'gold-plated' pensions (Mail Online)

September 17, Friday

John Moret: a 40-year record of commitment to pensions (Citywire)

Shareholders hang up on BT (Mail Online)

The John Lewis train rolls on but warns of bumps in track ahead (The Independent) (deficit reduction)

Retirement income takes another blow as equities fall (IFAonline)

Workshop/Seminar: All's well that ends well: Managing ill-health in the workplace (Ashurst)

(3 pages)

80 is the new 65 says BUPA (FTAdviser)

BBC pension trustees 'outraged' by proposed cuts (Telegraph.co.uk)

Eleven more schemes transfer to the PPF (Pension Protection Fund)

BBC staff should grab pension deal (Guardian.co.uk)

Unions vow to defend public sector pensions (Reuters)

September 16, Thursday

CBI chief blast TPR on enhanced transfer (Professional Pensions)

Nest set to escape the spending axe (Money Marketing)

A blueprint for improving institutional equity portfolios (Mercer)

MPs press for higher Equitable Life payouts (Money Marketing)

Police facing battle over forced early retirement (The Press and Journal)

Life expectancy for administrative areas within Scotland, 2007-2009 (Office for National Statistics)

(46 pages)

Next strikes £124m buy-in deal (Professional Pensions)

10 tips to protect your pension (Telegraph.co.uk)

French pension reform bill cleared by lower house (BBC.co.uk)

Group seeks end to gold-plated pensions (The Daily Gleaner) (overseas)

Chinese "longevity city" records 255 centenarians (Xinhua News Agency)

September 15, Wednesday

Altmann joins Saga Group (Professional Pensions)

Axa to launch variable annuity product in Q4 (IFAonline)

What do you want me to ask Lib Dem pensions minister Steve Webb? (Guardian.co.uk)

Annuities: what are your choices now? (BBC.co.uk)

Resolution completes acquisition of Axa UK Life business (Money Marketing)

The great public, private pay gulf: State workers get £136 a week more than private employees in pay and pensions (Mail Online)

One in four women rely on their husband's pension in retirement (Telegraph.co.uk)

More 2 Life increases product range as it expands distribution (Press Release)

(2 pages)

If anyone should be protesting, it's the put-upon private sector (Telegraph.co.uk)

Red tape puts occupational schemes in a sticky spot (Citywire)

MPs' pension hypocrisy comes as no surprise (Citywire)

BBC strikes 'could breach political impartiality rules' (The Independent)

Pensioners hit by record credit card debt (ThisIsMoney)

September 14, Tuesday

Latest CPI and RPI Statistical Bulletin (Office for National Statistics)

(19 pages)

RPI compared to CPI - Percentage change over 12 months to August 2010

CBI calls for pension reforms to be simplified (Telegraph.co.uk)

PPF 7800 Index Update (14/09/2010) (Pension Protection Fund)

Big four accountants criticised over conflicts of interest (Citywire)

Audit Inspection Reports for four largest firms published (Financial Reporting Council)

Hornbuckle Mitchell: Scheme pensions to become IFA favourite (IFAonline)

French in front line fight to keep pension rights (BBC.co.uk)

Lost pension hopes in DR Congo (BBC.co.uk)

No VAT costs, and bigger profits - why it makes sense to build your own house to boost your pension (Mail Online)

China voices: China's pension problem (BBC.co.uk)

Hungary PM backs budget promises, pension rules move (Reuters)

September 13, Monday

Nearly half of women don't have a pension (Barings)

BBC pensions climbdown: Mark Thompson's email to staff (Telegraph.co.uk)

Pension campaign to target oil groups (The Independent)

DWP cuts salary of TPR chairman by 20% (Professional Pensions)

Standard Life looks to direct distribution (Money Marketing)

Chinese consortium considers Pru takeover (Citywire)

Unions warn of flashpoint over pensions (FT.com)

GAD's door has (partially) re-opened (Wragge & Co)

September 12, Sunday

BBC may offer Worldwide in pension deal as unions call for action (Mail Online)

French unions unlikely to block pension reforms (Reuters)

September 11, Saturday

Annuity providers leave pensioners in the dark (Telegraph.co.uk)

Thousands of Japanese centenarians may have died decades ago (Guardian.co.uk)

Chrysler bosses sue over lost pensions (AFP) (overseas)

September 10, Friday

Costs of aging population have been over-estimated (Telegraph.co.uk)

Royal Mail sale could cost £400 per home as taxpayers set to fund £13.3bn pension deficit (Mail Online)

'ISA-style pensions' provoke concern (Citywire)

Earlier access could refresh pensions saving (Citywire)

Ask the audience... (Ash Shaw) (September Newsletter)

Today's mass affluent face tomorrow's biggest disappointment as retirement income falls short (Sun Life Financial of Canada)

(7 pages)

Research: Sense check at 60 (Sun Life Financial of Canada)

(Report-36 pages)

French PM says more changes would derail pension reform (Reuters)

Fidelity: The best places to go for UK income stocks (Citywire)

Annuities put to the test drive (IFAonline)

September 09, Thursday

Legislation means trustees must monitor all collective investments (Professional Pensions)

PensionsWatch 2010 (Trades Union Congress)

(12 pages)

Sipp business soaring by 44% (Money Marketing)

The secret world of directors' fat cat pensions (The Independent)

Pensions pots increase by £400,000 in a year for top company directors (The Guardian)

Enhanced annuity sales reach record levels in Q1 and Q2 (Professional Pensions)

Goldman Sachs fined £20m in UK - report (Reuters)

Taxman cancels 1.4m payment demands (ThisIsMoney)

Why the French make pensions a cause celebre (Guardian.co.uk)

Global Pensions - September issue (Global Pensions)

Pension fund managers re-think their strategies (The Globe and Mail)

48% of working Brits have never reviewed their pension plans (Barings)

(2 pages)

September 08, Wednesday

AstraZeneca staff in Macclesfield strike over pensions (BBC.co.uk)

Funds threaten litigation after Henderson fund tanks (Professional Pensions)

Britons 'giving up' on retirement (Telegraph.co.uk)

ICAEW: double new pensions annual allowance in 2011 (Citywire)

Too poor to retire: Over-55s with no pension, no savings, just massive debts (Mail Online)

Pensioners raid emergency savings to make ends meet (IFAonline)

DS Smith plans change in pension policy (FT.com)

Almost one in five households across the UK is workless (DWP)

841,000 households workless due to health-related reasons (Office for National Statistics)

(3 pages)

France grinds to halt as thousands protest at change to retirement age (The Independent)

All we are saying is give Nest pensions a chance (ThisIsMoney)

September 07, Tuesday

LV= sees life sales jump 40% on retirement rule changes (Citywire)

BBC staff vote for strike over pension overhaul (Reuters)

Tax blunder rebellion: Experts urge 1.4m NOT to pay up for the taxman's mistake (Mail Online)

MPs under fire in Equitable Life row (ThisIsMoney)

Changes to the Financial Services Authority Board (HM Treasury)

Two million French people to strike over Sarkozy's pensions reform (Telegraph.co.uk)

September annuity rates on 'even keel' (IFAonline)

Detail of Greek austerity deal with EU/IMF (Reuters) (early retirement curtailed - see Pensions heading)

Pensions Update - August (Nabarro LLP)

(4 pages - various issues)

September 06, Monday

Equitable Life compensation bid expected (BBC.co.uk)

Retirement 'could hold nasty shock' (FTAdviser)

Roma, pensions and a funding scandal besiege Sarkozy (The Independent)

Unhealthy Britons seeking to maximise pension benefits (The Press and Journal)

Schroders warns on delaying saving (FTAdviser)

Stock performance boosts DC schemes (FTAdviser)

PwC to scrap final salary pension (FT.com)

PPF beefs up longevity data (FT.com)

September 05, Sunday

Pay shock at RBS in pensions shake-up (The Scotsman)

BCC chief fears new pension rules could cost jobs (Telegraph.co.uk)

Pension age hike "untouchable" in France debate (Reuters)

September 04, Saturday

Ten ways to survive the pensions crisis (The Guardian)

Will your pension let you give up working by 65? (The Independent)

The financial crisis isn't the problem - it's expensive old people (Citywire)

September 03, Friday

Will Nest leave the coalition with egg on its face over pension savings? (Telegraph.co.uk)

UK private pension liability faces 'unprecedented' risk (Telegraph.co.uk)

Acevo calls on government to scrap 'fair deal' guidance (The Guardian)

Leicestershire CC fund targets £10m annual outperformance (Professional Pensions)

September 02, Thursday

20 years for the PPF to be self financially self-sufficient (Money Marketing)

The Occupational Pension Schemes (Investment) (Amendment) Regulations 2010 (DWP) (Press Release)

Junk bonds market set for record year (Guardian.co.uk)

BBC staff overwhelmingly in favour of strike (Professional Pensions)

Italian man stored 95-year-old dead great aunt in freezer for a year - so he could claim her £2,000 a month pension (Mail Online)

September 01, Wednesday

Blair: 'Venomous Brown tried blackmail to shelve Turner reforms' (IFAonline)

BBC pensions: Mark Thompson's email to staff (Guardian.co.uk)

Standard Life to cut up to 500 jobs (Money Marketing)

© MyCompanyPension.co.uk Ltd – 2018

Terms & Conditions | Site Map