Services: Pensions News and Developments

The following are links to internet stories and articles regarding developments in the UK Pension business in 2009. The links should provide a valuable resource tool for anyone interested the pension market as a whole. please see our dedicated personal accounts site for specific news about personal accounts due to be launched in 2012. These comments and opinions on these links are not the comments of TISCO Financial Planning and we do not necessarily agree with or condone them.

Personal accounts could lead to mis-selling, claims think tank
IPE.com
The document appears to be highly supportive of the UK retail pensions regime, as it recommends policyholders should be allowed to invest assets as they ...

No sign of rush to claim pension gold in 2012
Times Online
The infrastructure for the great UK pension reform of 2012 — which is due to go live just a few weeks after the athletes have left town — is far less ...

UK pensions 'quality' standard requires twice 2012 minimum
IPE.com
UK – A new pension quality mark for defined contribution (DC) schemes developed by the National Association of Pension Funds (NAPF) requires a minimum ...

Half of defined benefit pensions under threat
Financial Times
Half of UK companies whose defined benefit pension schemes are still open to existing members expect to have closed them to all employees by 2012, ...

Crisis to Speed UK Pensions Closure
New York Times
Recently, IBM said it planned to close its final salary pension in the UK. Oil major BP has also said it would close its final salary scheme for new UK ...