House of Lords

Considering the Government's focus on getting employees back to work, there's some irony to the recent ruling that what workers really need when they return from long term absence is a holiday!

The National Association of Pension Funds (NAPF) says retirement savings for low earners risk being undermined by the Pensions Bill.

Protected rights will be allowed to be self-invested as a Government amendment to the Pensions Bill means all restrictions will be removed apart from the requirement to purchase a spouses pension.

Pension campaigners have expressed their delight at the House of Lords support for the establishment of a pension protection lifeboat fund.

The House of Lords has thrown down a test for Gordon Brown by passing a cross-party amendment to the Pensions Bill which would create a ‘lifeboat fund' for victims of occupational pension scheme wind-ups.

Pension campaigners are confident the amendment to the Pensions Bill creating a ‘lifeboat' compensation fund will be supported in the House of Lords later today, increasing the pressure on the Government to help the victims of failed occupational pension...

The House of Lords have criticised the Treasury for producing "over-optimistic" forecasts which is making it "more difficult than it needs to be" for the Bank of England to set interest rates.

The Pensions Bill has finally been passed in the House of Lords after last minute wrangling, taking effect in law by April next year.

Final changes to the Pensions Bill will be known today with one last push to pass an amendment concerning the 75-age rule affecting annuities, says Liberal Democrat pensions spokesman Lord Oakeshott.

A final vote in Parliament has put Home Information Packs into law, which could cost house sellers up to £1,000 each.