Retirement

The National Association of Pension Funds (NAPF) has expressed concern about the way draft guidance on employer contributions to registered pension schemes could affect members of defined benefit (DB) multi-employer schemes.

Her Majesty's Revenue and Customs (HMRC) have added unquoted shares to the list of items subjected to tax charges if held within Self-Invested Personal Pensions (Sipps), claims A J Bell Group.

A simpler, more transparent state pension is a fundamental first step needed in pensions reform claims a new report by the Pensions Policy Institute (PPI).

Choosing to take tax free cash from a final salary pension scheme, could be one of the worst decisions people can make, according to the latest A-Day webcast from Standard Life.

Self Invested Personal Pensions (Sipps) are likely to increase in popularity up to and beyond A-Day because of the flexibility of investment options, claims new research from Defaqto.

John McFall, chairman of the Treasury Select Committee, has attacked commission-based payments attached to product sales, claiming they create an "inherent conflict of interest" for intermediaries.

Virgin Money has highlighted the reality of living on the state pension, by revealing pensioners spend less per week on their shopping, than most people spend on dining out.

Industry bodies have welcomed the Treasury's decision to allow a wider net of firms to offer pension tax-wrapper products to consumers from 2007, but it is predicted consumers are still more likely to hold pensions through brand-name life companies.

Self Invested Personal Pensions (Sipps) and other member directed pensions will be able to invest in residential property after A-Day through Real Estate Investment Trusts (Reits).

The work and pensions secretary, John Hutton, has promised to ease the burden on firms if, in future, they are compelled to contribute to their workers' pensions.