Retirement

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.

Pension specialist First Actuarial warns the draft code of practice issued by the Pension's Regulator, on funding defined benefit pension schemes, will mislead pension scheme members.

Global research indicates an ever-emerging shift away from traditional retirement with just over one in ten individuals matching financial independence with old age.

Human resources consultant Mellon is hosting a series of seminars in May to alert trustees and employers of new defined benefit pension schemes funding requirements.

The Pensions Regulator has put out its draft consultation period regarding the code for early occupational pension scheme leavers.

Consultant Watson Wyatt says pension simplification and A-Day threaten possible tax rates up to 95% on parts of benefits, causing executives in the biggest UK firms to shift their retirement savings to UURBS.