Retirement

Lipper, the Reuters fund information supplier subsidiary, has won the tender to provide the ABI with data to beef up monitoring of investment classifications for life and pension funds.

New research has highlighted an increasing gap between ‘expectation and reality' individuals have regarding their pension schemes.

Technology provider Dunstan Thomas' latest survey of IFAs, pensions administrators and providers suggests they face a herculean effort in order to overcome the challenges of A-Day.

Research suggests there is as much as a 30% difference between the best and worst annuity rates in the market, says GE Life.

Proposals by Work and Pensions Minister Alan Johnson to automatically opt people into pension schemes appears to be in contravention of pending EU legislation, point out pensions experts.

Scottish Life, has upgraded the e-service functionality for its retirement solutions range of group pensions.

Citizens Advice has warned MPs the means-tested pension credit is failing to serve a large number of the very poorest pensioners it was originally set up to benefit.

Stocks in the UK are trading down this morning with the FTSE 100 Index losing about 16 points to 4702.

More than two thirds (67%) of people in the UK feel compulsory saving serves as the best solution to the pension-funding shortfall, a report indicates.

IFAs are being ushered to look at the cost of charges on contracted-out pensions, as the estimated size of the average contracted-out pension pot now stands at £24,000, suggests Legal & General.