Budget 2014

JLT's Mark Wood says the concept of a pension has all but disappeared since the Budget

The interest rates for two new government-backed bonds for the over 65s will be announced on 12 December, Treasury documents show.

Middle sized pot holders could be encouraged to take financial advice by the guidance guarantee, according to pensions minister Steve Webb.

At the time of writing this leader the Professional Pensions team was bracing itself for Wednesday's Autumn Statement.

The Financial Conduct Authority (FCA) plans to cut the adviser guidance guarantee levy by 50% and announces tougher rules on bodies delivering guidance.

HM Revenue & Customs (HMRC) has clarified its position on why certain retirees using standalone lump sums trigger a reduced annual allowance.

The pensions industry has rejected government proposals to tinker with auto-enrolment (AE) earning thresholds and called for a complete overhaul.

The government has dropped plans to fine savers who access defined contribution (DC) pots under changes announced in the Budget but fail to alert all their previous pension providers.

Labour has urged the government to ensure none of the 320,000 savers expected to take advantage of pension freedoms are exposed to "rip off charges".

Defined benefit trustees believe managing investment risk will present them with the biggest challenge next year, according to PP research.