Retirement

The European Commission has decided to pursue infringement procedures against 11 Member States, including the United Kingdom, for failure to implement in national law the directive on occupational pensions.

Almost half of all occupational pension scheme members spend more time reviewing their household bills, than their annual pensions statement, claims research from Watson Wyatt.

Contributions to the final salary pension funds of the top 100 companies increased last year by an average of 30%, according to research by consultants Watson Wyatt.

Advisers should be aware there may be a double tax charge on Alternatively Secured Pensions (ASP) in some cases following the Budget's announcement on Inheritance Tax (IHT) rules for pensions, claims Skandia.

The latest IFA barometer from Sesame reveals advisers believe the 'revolving door' of ministers at the Department for Work and Pensions (DWP) is adding to the problems in the pensions market.

Nearly a quarter of pensioners believe they do not have enough money for retirement and are considering either selling their home or taking in a lodger, claims research from Prudential.

Clerical Medical has announced plans to increase their commission flexibility with the launch of a Stepped Charge Option for group pensions.

Scottish Equitable is to begin its latest series of IFA roadshows on the challenges facing advisers post A-Day at the end of next week.

Average income from private pensions has tripled compared to the growth in state pensions since 1979, claims a pensions report from Clerical Medical.

One in five adults are more likely to spend their spare cash at the end of the month on a shopping spree or a holiday than save for retirement, claims Aon Consulting.