Investment

Frank Field MP has welcomed comments made by the governor of the Bank of England suggesting pensions should be overseen by an institution similar to Monetary Policy Committee.

THE MD of a SIPP firm has hit out at the FSA for imposing rules which could deal a killer blow to smaller providers.

MORE than 90pc of IFAs have got to grips with the recent changes made to IHT legislation, according to a survey.

IFAs have been warned by Rowanmoor Pensions to be careful when advising their clients to take income drawdown.

ONLY half the working population believe formal pension schemes will be their main source of income when they retire, according to a new survey.

NEARLY eight million people in the UK plan to use their house as their second source of income for retirement after their pension, a new survey has revealed.

For once the government seems to have been pretty efficient and has crammed an assortment of interesting pension titbits into two documents with a combined total of just 150 pages.

Only 10% of consumers would most trust the financial services industry to manage a personal accounts system in their best interests, says Which?

A Bill on personal accounts will not be available for pre-legislative scrutiny as it would delay the implementation by at least a year.

The government is planning a pilot project of face-to-face guidance sessions to deliver information on retirement to people over the age of 50.