Retirement

The government is looking at whether it can implement super trusts alongside personal accounts to offer the public more choice.

The annuity market must become more innovative and flexible to meet the needs of people's changing perception of retirement from a cliff-edge change to a transitional process, claims industry experts.

The National Pensions Savings Scheme (Npss) should be implemented into a culture where opting out is actively discouraged, claims former pensions minister John Denham MP.

Life and pensions new business for the first quarter of 2006 gained the highest level ever recorded for overall sales at £3.3bn annual premium equivalent (APE), according to the Association of British Insurers (ABI).

The Resolution Foundation believes the UK can learn lessons about financial awareness and advice by looking at the way New Zealand's Retirement Commission operates.

Scottish Equitable has launched a new range of marketing material to help advisers encourage people into saving more.

John Hutton, secretary of state for Work and Pensions, has admitted the new system of personal accounts announced in the pensions white paper will not come with a government guarantee in the event of failure.

Standard Life has reacted angrily to press reports this morning claiming the provider is cutting its IFA support staff by a third as "disingenuous and inaccurate".

Abbey has sold its life business to Resolution for £3.6bn.

The Liberal Democrats have attacked the government's response to the findings of the Parliamentary Ombudsman's report into occupational pensions, while Ros Altmann is planning to launch a judicial review of the case on behalf of the pensioners affected...