Retirement

Pensioners may have seen their incomes rise by close to a third in the past decade, but council tax has clawed this back and then some, according to figures published by Key Retirement Solutions.

Members of money purchase pension schemes are far less aware of potential future benefits than those expecting retirement income linked to final salary, according to consultant Watson Wyatt.

A 'survival pack' of information on A-Day is to be published offline by Scottish Life, based on information available from its online ‘technical central' resource centre.

Winterthur Life UK has today launched a flexible Self invested personal pension (Sipp) in anticipation of the new A-Day rules due to come into force next year.

Ignorance or foolishness seem to pervade punters views on how much they need to save for retirement, according to a Sesame survey of expected pension funds required to live comfortably in retirement.

Balanced pooled funds continue to claw back earlier losses with a 2% increase in the first quarter, representing the eighth consecutive positive return, according to investment services firm Russell/Mellon.

An 'outdated' pension system will continue to fail millions of women for many years still to come unless urgent action is taken, a report from two leading charities warns.

An independent financial adviser has claimed the fall of national savings ratio in the UK can principally be attributed to the dramatic fall in numbers of pensions and savings policy salesforce.

Enforcement of a UK compulsory pension contributions system could potentially force the government to fork out up to £4bn a year in tax relief, according to calculations from consulting firm Aon.

Pension group Royal London has announced the retirement of its chairman and director, Hubert Reid at the end of the year.