Retirement

Scottish Widows is planning to automatically contract some of its direct customers back into the State Second Pension (S2P) unless they actively choose otherwise.

Almost a third of workers with no pension provision are unaware of the issues and publicity surrounding pensions, particularly after the publication of the Turner report, claims research from B&CE Benefit Schemes.

Standard life has launched an online business tracking facility for financial advisers as part of the ‘Client View' aggregation service on its adviserzone website.

Pension scheme deficts for the top 350 UK companies have increased by almost a quarter in 2005, claims research by Mercer Human Resource Consulting.

Scottish Life has a property weighting in its Balanced Managed Pension Fund, which is 12 times the sector average thanks to its "Managed Strategies" initiative.

Her Majesty's Revenue and Customs have published the section of the Registered Pensions Schemes Manual (RPSM), which covers employer contributions to pension plans after A-Day.

Self Invested Personal Pensions should be brought under Financial Services Authority regulation in the interests of consumer protection, according to the Association of Independent Financial Advisers.

The Association of British Insurers has published a new Statement of Good Practice on Pension Maturities to help insurers communicate with consumers about what to do when their pension matures and they buy an annuity.

Many advisers believe although the recommendations from the Turner report may increase interest in retirement planning, the proposals don't go far enough, claims research from Fidelity International.

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