Adrian Boulding

Employers are now able to promote group personal pension and stakeholder pension schemes to their employees, under changes made by the Treasury to the Financial Promotions Order (FPO) which start today.

Pensions experts have highlighted the advice needed to guide retirement planning pointing to potential benefits provided by with-profits annuities as a method by which pensioners draw their money.

A leading pension provider has again called for the implementation of ‘soft' compulsion as a means of solving the pensions crisis without limiting employee flexibility.

Amendments to the Financial Services and Markets Act could see the freeing up of a communication between advisers, employers and their employees, says a pensions expert.

Industry pensions experts believe that a time will indeed come when caps on the retirement age will be scrapped altogether.