Retirement

Winterthur Life has upgraded its Portfolio Balancer tool in anticipation of increased activity in the run up to A-Day.

Research by pension provider Friends Provident indicates there is a growing realisation among UK adults of the need to work longer to secure an adequate pension.

The Association of British Insurers (ABI) has appointed Helen McCarthy as head of pensions and savings development.

Norwich Union is launching a summer campaign targeted at a select contingent of its pension clients informing them of an intention to automatically contract them back into the state second pension (S2P).

Adviser group Tenet has launched its own Annuity Bureau to provide IFAs with both a quote and full introductory service.

Standard Life will launch an "active timeline" to aid advisers in the run up to A-Day in April next year.

Canada Life is buying a pension annuity in payment portfolio valued at over £2bn from Phoenix & London Assurance which is owned by closed book with-profits insurer Resolution Life Group.

David Blunkett is embarking on a national crusade to foster an understanding with individuals and families to find a pensions solution and turn the pensions net into "a trampoline or an escalator".

Three out of ten employees do not join their company pension scheme even though their employer is willing to contribute, says research from Axa.

Michael Brown, Abbey's head of pensions and retirement customer propositions, says IFAs should check and re-check client communications strategies in the lead up to A-Day to ensure they have covered all possible angles.