Retirement

Choosing a drawdown provider: Your due diligence checklist

Regulation should be changed to allow a ‘national wealth service' to be established to distribute independent retirement advice more widely, according to Ros Altmann.

Financial guidance on offer to all retirees from next April as part of the Budget's pension changes could be delivered in groups, Steve Webb has said.

Pensions campaigner Ros Altmann has been named CBE in the 2014 Queen's Birthday Honours, and there was also recognition for Bank of England deputy governor Charlie Bean and consumer champion Martin Lewis.

Pensions minister Steve Webb has dismissed concerns that retirement freedoms announced in the Budget do not work alongside the government's collective defined contribution (CDC) plans.

About two-thirds of people are concerned about not having enough money in retirement, with women significantly more worried than men, according to Axa Wealth figures.

Researchers questioned 2,000 people about their perception of a happy retirement - finding that most of us long to retire by 63, with a three-bedroom home just 11 miles away from the rest of our family.

Government plans to overhaul the retirement process could increase the threat of pensions liberation fraud by overstretching administrators, warns the Pensions Administration Standards Association (PASA).

A think tank has called on the government to buy parts of people's homes and deliver a guaranteed lifetime income in return, in a bid to bolster retirement income for low earners.

You knew I was a snake when you picked me up