Standard Life has bowed to adviser feedback and scrapped plans for a £750 charge to clients who transfer out of its SIPP within a year of the plan being set up.

Individuals paid £1bn less into personal pensions over 2009/10 than the previous year, according to HMRC figures.

Skandia predicts consumers will turn to Maximum Investment Plans(MIP) as changes to tax relief drive investors away from pensions.

The majority of people in the UK do not know what the impact of the switch from linking defined benefit (DB) pension schemes from RPI to CPI, Aon Hewitt says.

Scottish Life has cut open market option (OMO) waiting times for clients from an average of 11 days to 8.1 days using Origo's Options software.

Upping the earnings threshold for auto-enrolment into occupational pension schemes will hit women and part-time, agency and temporary staff, shadow pensions minister Rachel Reeves says.

The government has missed an opportunity to create a more flexible savings vehicle in NEST, according to director-general of Saga Ros Altmann.

Approximately 25% of equity release customers could be eligible for enhanced terms and receive an additional £16,000 on a £200,000 property, says More 2 Life.

A Treasury sub-committee today launches an inquiry into HMRC's effectiveness and administration, following several thousand cases of over and under-paid income tax.

The Pensions Regulator has been given a budget to regulate NEST and auto-enrolment schemes, pensions minister Steve Webb confirmed today.