Retirement

National IFA LEBC has attacked the Liberal Democrats' leader Nick Clegg's recently outlined future tax proposals, saying they amount to an "anti-savings agenda".

Scottish Widows has launched a website dedicated to helping people understand their retirement options post-April 2015 in light of the Budget changes.

The pensions industry should not "bank on education" as the key to ensuring individuals save sufficiently for their retirement, The Pensions Advisory Service (TPAS) warns.

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Members could be losing money because administrators are taking longer to process defined benefit (DB) pension scheme transfers, according to experts.

Will regulated advice suffer a blow?

Pensions minister Steve Webb has warned he will keep a sharp eye on the pensions industry following the announcement of the Budget freedoms in March.

The National Employment Savings Trust (NEST) will review its investment strategy over concerns outcomes for members in its default fund could be affected by 2014 Budget.

The Pensions Advisory Service (TPAS) is planning to target savers who have indicated they plan to make full use of the pension freedoms outlined at Budget 2014, to warn them of the dangers of doing so.

A third of employees think firms which offer a pension scheme should also offer access to full financial advice in the workplace, research from Scottish Widows suggests.