Retirement

The Pension Protection Fund (PPF) has cautioned it will not pay out any pensions for at least one year if MG Rover becomes eligible for the fund, with some industry players estimating a £50m payout figure at this early stage.

Retirement specialist Winterthur Life is on the road again during May and June to discuss the opportunities facing IFAs ahead of A-Day.

Nearly seven in ten firms say current policies in place to drive up occupational pensions are not having the desired effect, new research indicates.

John Moret has called on the Government and the Financial Services Authority (FSA) to take immediate action for the proper regulation of the Self-Invested Personal Pensions (SIPP) market before the arrival of A-Day on 6 April 2006.

Scottish Life has called for more interaction between providers and individuals as a means of fostering the take up of pensions in the UK.

The UK, Northern Ireland and US have come to agreement on the qualification of certain UK pension and retirement arrangements under a treaty for the avoidance of a Double Taxation regarding Taxes on Income, signed in July 2001.

There is a seven-year gap between the age at which people want to retire and the year at which they will actually retire, new research indicates.

The confusion related to pensions is stopping individuals from saving for their future, new research reveals.

The Annuity Bureau warns the removal of the statutory requirement to increase pensions in payment, along with a longer life expectancy may leave new retirees exposed to the dangers of inflation.

Industry firms are still uncertain how they will proceed with their A-Day plans because the Inland Revenue has yet to issue all the regulations that will govern the new pension simplification regime, new research indicates.