Investment

The average retired person has more than £8,000 of personal debt to repay - with the collective total for the country reaching £96bn, analysis has found.

In this week's quick fire poll we ask: the ‘granny tax' has caused great controversy in the media with many commentators saying it is yet another example of pensioners being penalised.

Retirement Planner's round-up of the top pension stories this week.

The National Employment Savings Trust has finalised its opt-out process ahead of the introduction of auto-enrolment later this year.

Auto-enrolment will spark a surge in pension business and providers could struggle to cope with increased volumes unless they prepare now, Friends Life has said.

The average pension saver has lost £2,750 a year from their future income in retirement over the last year, research finds.

Small to micro employers will be given a "significant easement" of £1.7bn in the roll-out of auto-enrolment, under government plans to delay both staging and contribution rates.

Government plans to hike the income tax threshold to £9,205 could complicate the roll-out of auto-enrolment, experts have warned.

John Moret has taken over as Intelligent Pensions' non-executive chairman following the retirement of Maurice Paterson.

The government has come under fire for plans announced in the Budget to change tax allowances for pensioners, as stakeholders begin digesting the Chancellor's measures.