Retirement

One in four pensioners are succumbing to the ‘pensioner splurge', by spending more in their first year of retirement than in any following years, claims new research from Prudential.

The Association of British Insurers will be presenting its alternative to the National Pension Savings Scheme to the government in the next few weeks although many are still unsure of the ultimate outcome of the exercise.

Despite public awareness of A-Day almost tripling over the last six months, people are still not taking enough action to meet the reforms, warns new research from IFA Promotion.

The Association of Consulting Actuaries (ACA) has expressed concerns over the Pensions Commission's proposals for a National Pensions Savings Scheme (NPSS), arguing instead for a risk-sharing proposition.

Standard Life has revealed it will no longer offer its Executive Personal Pension Plan (Epp) after A-Day.

New rules on scheme funding from the Pensions Regulator, must be flexible and pragmatic enough to reflect the long-term nature of pension scheme funding, claims the National Association of Pension Funds (NAPF).

Intermediaries need to recognise stakeholder-style pricing models are unsustainable and rethink how their business operates or risk serious financial damage, warns Scottish Life.

Consumers are losing out because of a shortage of specialist IFAs advising on equity release Safe Homes Income Plans (Ship) claims.

The Society of Pension Consultants have launched two aids to help scheme administrators meet their new responsibilities as A-Day approaches.

Finalised contingent asset certification and guidance has now been added to the website of the Pension Protection Fund.