Pensions

More warnings about fund fees, a growing controversy around JISAs and an explanation of financial planning - five things the nationals have thrown up that your clients will call you about this week.

More than 8,000 members of a works pension fear for their future after discovering their scheme, which has a £274m deficit, is to seek a bailout from the Pension Protection Fund.

Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.

Government reforms to public sector pensions could force more people to opt-out and abandon retirement saving, Lord Hutton is expected to say.

Prudential's chairman Harvey McGrath has insisted he will continue in his role despite a mini revolt at the company's AGM yesterday.

Savers today need to work an extra six years compared with five years ago in order to retire on a comfortable pension, research suggests.

Ministers are to outline plans for a universal state pension which they say will help people currently working prepare for a "different sort of world" in retirement.

The DWP and Treasury are considering proposals to further restrict pension tax relief to fund the proposed Universal State Pension, a leading academic says.

Private sector employers are closing down their final salary schemes at a record rate, according to a new report by the National Association of Pension Funds (NAPF).

Consolidation vehicle Resolution is unlikely to make any further acquisitions this year and will focus instead on generating returns from existing businesses, according to bankers and analysts.