Investment

Lincoln Financial Group is halving the administration fee on its flexible retirement product, Lincoln i2Live, from £200 to £100 per client.

Another bank holiday gave me yet another chance to sample the delights that UK airports have to offer. This time the travel was for ‘pleasure' and I at least had the company of family and friends to sweeten the pill.

More needs to be done to increase adviser understanding of third way pensions or growth in this area in the UK will be limited, according to new research by consultancy Rayner Spencer Mills (RSM).

The rapid growth of pension buyouts seen in early 2008 is set to continue, according to Pension Corporation director Steven Lowe.

Some pension savers could be hit with penal tax charges due to auto-enrolment in Personal Account in 2012, according to First Actuarial.

The National Association of Pension Funds (NAPF) says retirement savings for low earners risk being undermined by the Pensions Bill.

The Association of British Insurers (ABI) and the Investment Management Association (IMA) have written to the Government asking for clarification on personal accounts limits in the Pensions Bill.

Unit-linked guarantees are set to expand rapidly in the pensions market, according to MetLife.

LV= has agreed to pay all annuity pension planners their tax-free cash within five working days of receiving all funds and/or documentation or pay £1,000 in compensation.

More than three quarters of company and private pension holders withdraw an average of £24,154 to either give away or spend on luxuries, according to Prudential.