Pensions

Dafties will be dafties, but we must trust retirees

Sales of drawdown contracts have more than doubled compared to the third quarter of last year while annuity purchases continue to fall, according to latest Association of British Insurers (ABI) statistics.

Royal Bank of Scotland could be forced to plug a £5.6bn deficit in its pensions scheme if Scotland votes Yes on Thursday.

Insurer Prudential's UK life business has posted a 10% rise in operating profits as sales switched from annuities to income drawdown, its interim results have shown.

Revenue at wealth manager and employee benefits business Mattioli Woods grew by a quarter in the past 12 months, latest figures show.

Confusion over the government guidance guarantee should be urgently addressed as the majority of people think ‘guidance' and ‘advice' are the same thing, according to website unbiased.

The Financial Conduct Authority (FCA) has warned advisers to drastically improve standards on pension transfers to self-invested personal pensions (SIPPS), saying it expects more firms to face enforcement action due to the "serious and ongoing failings"....

One in seven people planning to retire this year has made no personal pension provision, meaning they will retire mainly or entirely reliant on the state, research by insurer Prudential suggests.

Everything you need to know about Osborne's pensions revolution

Have you missed this week's pensions news? Here's Retirement Planner's round-up of the top five stories this week.