Pensions

Director of Principal Financial Solutions Chris Daems argues that he may not have time to meet auto-enrolment (AE) obligations for some firms.

Companies aren't giving themselves enough time to prepare for auto enrolment (AE), leaving themselves vulnerable to fines and even custodial sentences, according to one adviser.

Someone earning the average wage of £26,500 and contributing 8% of their salary under auto-enrolment will need to work until the age of 80 to maintain that income in retirement if they take their 25% tax-free lump sum, according to research by self-invested...

Legal & General has become the latest provider to report a marked increase in the number of transfer requests to suspected pension liberation schemes.

Paltry returns on 'safe' investments such as cash and gilts have caused three out of five retirees lose out on around £2,400-a-year in real terms as inflation eats into the income they use to supplement their pensions.

Insurers can pocket up to £29,000 profit for turning £100,000 of your savings into a retirement income, according to an investigation into the sector.

The asset management industry must regain consumers' trust and boost pension saving or risk a financial crisis even worse than the 2008 crash, the Investment Management Association (IMA) has said.

Members of life and pensions mutual Royal London have agreed to proposals to acquire the life insurance and asset management businesses of the Co-operative Banking Group.

RETIREMENT

Too much attention is being paid to industry dinosaurs who are dragging their heels on auto-enrolment and not enough to those embracing the opportunity to make it work, according to a pension expert.