Retirement

Potential drawdown clients looking to keep their pension pot invested after April next year will be a "big target" for Standard Life, which earlier announced a near 60% drop in annuity margins for the first half of the year.

Annuity margins at insurer Standard Life were down 59% in the first half of the year due to the sweeping changes to retirement income announced in the Budget, latest results show.

All UK commercial property should be classed as a non-standard asset in a self-invested personal pension (SIPP) due to the uncertainty that exists around transfers, according to Suffolk Life.

A think tank has called for Chancellor George Osborne to create a single "lifetime ISA" by 2017, saying recent changes to ISAs are not enough to spark a savings culture.

The Financial Conduct Authority (FCA) has added UK commercial property as a 'standard asset' eligible to be held within self-invested personal pensions (SIPPs), as it confirmed operators will have to hold a minimum of £20,000 under finalised capital adequacy...

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Millions of pension savers will be prevented from taking cash freely from their retirement funds next April unless they pay hefty penalties that could slash their pots by more than 20%, according to reports.

The Pensions Regulator (TPR) used its formal powers to ensure employers comply with their automatic enrolment duties on 23 separate occasions up to the end of June this year.

Axa Wealth saw funds under management on its wrap proposition Elevate rise by £2bn in the last 12 months.

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