Retirement

Professor John Hills, serving on the team of the Adair Turner Pensions Commission, has opened the lid on its concerns over a lack of understanding of the pension system, ahead of the much-anticipated report due to be released in the Autumn.

Pensions Minister Stephen Timms pledged his support for the pensions pegulator yesterday and said the government and the regulator need to work together to ensure to promote effective regulation of the industry.

Prime minister Tony Blair has ruled out the introduction of compulsory pension contributions before the next election.

Pensions firm Harsant has launched a new Self Invested Personal Pension (Sipp) targeted at young aspiring investors.

JPMorgan Asset Management has launched JPMorgan Invest, which it claims will provide a solution to the retirement savings crisis.

Only one in three UK individuals are putting cash into their company or personal pension, new research indicates.

Plans to provide local tax inspectors with the ability to review whether qualifying pension contributions paid are tax deductible will only serve to throw ‘pensions simplification' into further quandary, an accountancy firm believes.

The government has released draft regulations to provide employees with greater control over their work scheme pensions.

The Department for Work and Pensions is offering money to not-for-profit organisations who can come up with the most creative and innovative ideas for encouraging working people to save for the future.

Pensions firm Scottish Equitable, has performed a facelift of its stakeholder products for both group and individual pensions.