Confidence amongst Brits regarding their annual retirement income rose 10% this year despite the talk of a pensions crisis, research indicates.
The Treasury has announced further steps towards regulating controversial home reversion plans.
A lack of self-regulation has contributed to actuarial advice becoming distinctly lacking in transparency, while the overall profession has been seen as to ‘insular' and cumbersome in adapting to changes, suggests a Government-commissioned report.
Obesity along with around 1,000 other medical conditions now qualify Brits for enhanced annuity rates, new research indicates.
Age Concern England has criticised the Government's decision to set the retirement age at 65 and called plans to allow employers to sack older people over that age threshold as ‘a cowardly u-turn'.
The Government has blueprinted its plans to set the retirement age at 65 and implement it by 2006.
David Norgrove has been appointed as first chair of the new Pensions Regulator (TPR).
The Conservatives have announced plans to eradicate the ‘bias' shown against women who contribute towards the state pensions system.
The Government has been warned it is facing a ‘last chance saloon' fight to stave off compulsion towards pensions.
As many as two in three manufacturing firms are in favour of some element of employer pensions compulsion, over and above current National Insurance, new research indicates.