Retirement

Financial education and information is crucial for helping people plan sensibly for their retirement, Stephen Timms has told an EU presidency meeting in Brussels.

Officials from the Occupational Pension Regulatory Authority (OPRA) have been criticised in a report from the Department for Work and Pensions (DWP) for their handling of the theft of almost £3m from an occupational pension scheme.

Regulations governing the Pension Protection Fund (PPF) have been released for consultation by the Department for Work and Pensions (DWP).

Pension Simplification could leave the pensions industry facing a £100m customer service bill, answering questions from IFAs and customers about the A-day changes, claims software company Transversal.

On his first Ministerial appearance since taking over the role of Secretary of State for Work and Pensions, John Hutton has said he is determined to carry on his predecesor's programme of reform.

More than half of UK consumers believe equity release is risky due to serious misconceptions they hold about these products, new research reveals.

Under new maximum drawdown levels published for consultation, a person moving to an alternatively secured pension when they reach 75 could see a drop in maximum income of around 40%.

More income drawdown products will start charging installation or set up fees after the A-day changes come into effect, claims a new report by Defaqto.

A Women's Pension Network is being co-ordinated by the Equal Opportunities Commission (EOC) as part of a campaign to reform the pensions system and close the pensions gap.

Government research into automatic enrolment has revealed that although it is likely to increase employee membership, both employers and employees have their doubts about the system.