Retirement

Guidance on how to implement arrangements for member-nominated trustees and directors has been published by the Pensions Regulator.

Saga has joined the campaign to restore pensions for up to 125,000 workers who lost out when their companies collapsed.

Over 90% of advisers believe in the future their clients will consider equity release as a way of supplementing their retirement income.

Draft pension regulations on the disclosure of information scheduled to come into effect in October, will no longer go ahead.

Calculations of pension transfer values for defined benefit schemes should be made simpler and fairer to the transferring employee claims Standard Life.

Prudential has signalled its intention to build a bigger presence in the individual pensions market by adding a deferred sipp to its retirement funds proposition.

Liberal Democrat proposals to scrap pension tax relief for higher-rate taxpayers have been condemned by the pensions industry.

Pension officials say current government proposals for pension personal accounts auto-enrolment are likely to increase administration costs but still will not reach the main target market.

The National Association of Pension Funds (NAPF) has reiterated its warning the potential impact of government pensions reforms may lead to employers cutting back their contributions to occupational pension schemes.

Being relatively new to the pensions game, I have to admit I was expecting summer to be nice and relaxing, as with parliament in recess I thought news emerging would be limited.