Retirement

The government intends to introduce financial planning education into the school curriculum in two years time, Whitehall sources have told IFAonline.

Six out of ten people have no plans to review their pensions arrangement ahead of A-Day, according to a survey conducted by Norwich & Peterborough Building Society.

The Association of Pensioner Trustees (APT) and the Sipp Provider Group (SPG) are to merge into a joint trade body known as the Association of Member Directed Pensions Schemes (AMPS)

Raising the retirement age to 70 should form part of a package of measures to stave off a pensions impasse, business leaders said today.

Pension charges may rise after the removal of RU64 but this is not necessarily a bad thing, industry figures say.

IFAs must review their clients and speak to those who will be affected by A-Day, according to the FSA.

Introduction of a simpler, fairer Citizen's Pension and raising the retirement age to 69 would take 10 million future pensioners off means-tested benefits, the National Association of Pension Funds says.

A substantial proportion of UK top end advisers believe up to 25% of their clients are likely to include residential property in a Self invested persoanl pension (Sipp), according to new research released by Winterthur Life.

Trustees will need to raise their game to meet new requirements, but will be supported in doing so by the Pensions Regulator, its chief executive, Tony Hobman, said today.

Up to 40% of people retiring could be eligible to receive a bigger pension by considering an impaired life or enhanced rate annuity, instead of a standard rate annuity, claims Bank of Scotland Annuity Service (BOSAS).