Retirement

Some familiar gripes emerged about the existing wrap propositions - lack of fund choice and hidden or high charges. Many still consider that there is no true wrap proposition on the market

The FTSE 100 Index continued to move upwards today, albeit only 4 points to 5113.20, by the markets close a short while ago.

A leading pensions provider has warned defined benefit scheme members could face a fine of up to £50,000 for failing to return occupational pensions audit information to the Pensions Regulator by 31 August.

Sipp specialist AJ Bell has confirmed its intention to enable UK residential property to be held within its online Sipp offerings, following A-Day on 6 April next year.

Winterthur Life believes a comprehensive employee communication programme is required in order for automatic enrolment to be effectively implemented.

Various pension providers have welcomed the FSA's move to scrap the RU64 rule on pensions advice.

The ABI is claiming its campaign calling for the removal of RU64 has been a key factor in the FSA's decision to consider withdrawal of the rule.

Women put pensions low on their list of priorities, believing it is the job of their partner to provide for retirement, while they worry instead about the needs of their family, suggests new research.

The FSA has launched a consultation paper proposing the RU64 rule on pensions advice should finally be abolished.

British apathy and lack of knowledge regarding pension issues are again highlighted as major factors contributing to the current pensions crisis, according to new research.