Retirement

Norwich Union is raising commission on personal pensions from 18 July, citing FSA proposals to scrap the RU64 rule.

The Pensions Commission believes it is impossible to determine the 'adequacy' of retirement saving by looking at the level of national savings rate.

The Pension Commission has hinted at more heavy-handed government intervention in order to try to solve the pension crisis.

Average incomes of baby-boomer high net worth individuals (HNWs) is expected to fall by 35% in retirement, according to research published by Tulip Financial Research.

The Pensions Regulator has published two further draft codes of practice relating to member nominated trustees and providing guidance for trustees changing scheme rules.

As many as eight in ten people contributing to their pension expect they will not have enough money to live on at retirement, new research indicates.

The government cannot make everybody rich in retirement but could prioritise improving provisions for women by maintaining a state system, a leading pensions expert has warned.

Hewitt Associates has poured further fuel onto the pension fire saying there is little hope of an early solution to the UK pension deficit.

A new survey casts more damning evidence on the current issue of a lack of pensions literacy among UK individuals, as 80% of personal pension holders are oblivious to the ‘basic facts' of their policies.

An IFA has called on the government to implement a system where a flat rate pension is provided to all, as pensions in divorce can be particularly destructive for older divorcees.