Selling a home to help boost retirement income will not be a ‘viable solution' for most people, claims research by Mercer Human Resource Consulting.
Government departments should work closely with organisations such as Citizens Advice and the Resolution Foundation on finding ways to provide clear generic advice on personal accounts.
Winterthur Life is calling on the government to drop its opposition to Alternatively Secured Pensions, which it calls a ‘ludicrous state of affairs'.
The Department for Work and Pensions (DWP) has launched an online pensions porum to help build a consensus around the white paper proposals.
Latest figures from Prudential's Retirement Index show more than one million pensioners have debts averaging over £15,000.
Scottish Equitable is extending its product range with the launch of a Group Self-Invested Personal Pension (Sipp).
The Liberal Democrats have expressed doubts as to whether the pensions white paper offers the right foundation for the introduction of personal accounts.
Proposed pension reforms do not provide a solid foundation for the introduction of a national pension savings scheme.
Over 75% of employers are committed to providing a pension despite continuing high costs, particularly for final salary schemes.
The chief executive of the National Association of Pension Funds is leaving to join Barclays Bank.