Investment

US president Franklin Roosevelt's words ending the era of prohibition have come back to haunt the pensions industry with Halifax' suggestion people give up their daily pint and packet of crisps in favour of £3 a day towards their pension pot

The FSA has published a consumer guide explaining what to do before retiring and how to get the best income possible from private, occupational and State arrangements.

Equitable Life's board of directors is now in discussions with legal representatives to establish whether it has a case for compensation in the European courts against the UK regulatory regime.

A pensioner selected at random is less likely to be in relative poverty compared with a person under pensionable age, the Institute of Fiscal Studies has revealed.

Scottish Life has revamped its Retirement Solutions IFA support materials to try and help clients better understand the need for pension planning.

Pensioners still risk breaking pensions legislation if they decide to invest their pension pots into residential property, once simplification rules come into force in April 2006, warns a pension expert.

Principle of choice should now be extended in other aspects of pension reform, suggests the Annuity Bureau, as it supports government plans to scrap enforcement of annuities inflation indexing.

The Occupational Pensions Regulatory Authority has for the first time since stakeholder pensions were introduced three years ago fined an employer for failing to provide its employees with access to a stakeholder pension scheme.

The Department of Work and Pensions' Employers' Pension Provision survey 2003 released today paints a distinctly mixed picture of the state of workplace pension provision.

Some UK employers are already preparing to take advantage of the proposed Pension Protection Fund by winding up schemes as soon as it comes into force next April, warns Stewart Ritchie.