Retirement

The Department for Work and Pensions (DWP) has called for immediate action for the design and implementation of a financial education programme for adults regarding long-term saving and retirement planning.

As much as £6.5bn is expected to be invested in property through Sipps in the first year, following the implementation of new rules at A-Day on 5 April 2006, new research indicates.

Repeated warnings about the importance of saving continue to be ignored as less than two out of ten (17%) UK adults have a savings vehicle, new research indicates.

With an major in crease expected in the Sipp market following changes to the pensions regime through the implementation of A-Day in April next year, Legal & General has published a new guide for financial advisers.

The rush to put residential property into self-invested personal pensions following A-Day, as anticipated by the industry, is only likely to attract a specific niche of individuals, new research indicates.

Eight in ten financial advisers believe the government will not be able to close in on the country's £27bn savings gap, according to new research.

A new joint initiative has been set up to encourage improved standards for occupational pensions schemes.

HM Revenue & Customs has set October 1st as the deadline for tightening up its handling of the so-called 30/70 split rule relating to recovery of "input tax" by employers providing funded pension schemes.

The HM Revenue & Customs has announced a change to the way commencement lump sums will be calculated following A-Day.

Half of UK companies with a turnover exceeding £1m are not yet prepared for pensions simplification, new research indicates.