LV= has out-performed its peers by holding annual bonus rates and announcing an investment return of 5.7% on its with-profits fund.
The Treasury could be straining its coffers as auto-enrolment means more people than ever before will be subject to pension tax relief.
The Open Market Annuity Service (TOMAS) has upgraded its online annuity ‘assistant' to improve its service for retirees with small pots.
Retirement Planner's round-up of the top pension stories this week.
In this week's quick fire poll we ask: Following recent announcements that pension providers are freezing annual bonus payments, are you looking at moving your clients away from with-profits funds?
Half of pre-retirees (46%) would consider retiring to a cheaper country to get better value for money, according to a survey from the National Association of Pension Funds (NAPF).
Over 70% of SIPP and SSAS providers think last year's reduction in maximum drawdown rates was wrong, according to research by the Association of Member Directed Pension Schemes (AMPS.)
Primetime Retirement has revealed Pointon York will provide the SIPP within its new Primetime Retirement Plan.
If government reduces pensions tax relief to 20%, the ‘squeezed middle' could be £3,000 worse off per year in retirement, says Fidelity Worldwide Investment.
With automatic pension enrolment almost upon us, Ian Price highlights his concerns about its potential impact.