Retirement

The confirmation of borrowing rules on Sipps post A-Day by the Revenue & Customs (HMRC) have been described as ‘tough' and ‘penal,' by the industry.

Legal & General is to review its range of individual pension product offerings, in an effort to bring them in line with changes following A-Day.

Employers are saving up to £4.15bn in reduced pension contributions annually as a result of the ongoing decline in defined benefit pension schemes, new research indicates.

Secretary of State for Work and Pensions David Blunkett has announced a special event is being held to tackle the seriousness of inequalities UK women face regarding their pensions.

As many as 3.5 million Brits are spending £5.4bn annually in 'pocket money' hand outs to their retired parents, new research indicates.

The Board of the Pension Protection Fund (PPF) has published proposals for the implementation of a risk based levy for all schemes as early as possible within the next financial year.

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.