Retirement

The pensions industry has rejected government proposals to tinker with auto-enrolment (AE) earning thresholds and called for a complete overhaul.

The number of women saving adequately for retirement has reached a four year high, according to Scottish Widows Women and Retirement report.

HM Revenue & Customs (HMRC) has clarified its position on why certain retirees using standalone lump sums trigger a reduced annual allowance.

The government's Equitable Life Payments Scheme (ELPS) has now issued over £990.5m worth of payments.

The government has dropped plans to fine savers who access defined contribution (DC) pots under changes announced in the Budget but fail to alert all their previous pension providers.

‘Why oh why would Aviva want to takeover Friends?' Industry reacts to deal talk

The Institute of Financial Planning (IFP) is in discussions with the regulator about drawing up a definitive list of possible conflict of interest scenarios that crop up during the advice and planning process.

The qualifying earnings rules which govern auto-enrolment contributions should be scrapped to boost saving potential, according to provider NOW: Pensions.

Clive Cowdery, the former head of Resolution and major shareholder at Friends Life, is set to walk away with £160m from the £5.6bn takeover deal announced on Friday.

Dafties will be dafties, but we must trust retirees