Retirement

The Financial Services Consumer Panel (FSCP) has urged schemes to develop in-house income drawdown propositions rather than forcing members into the retail market.

Compulsory regulated pensions advice is not required for one segment of the retirement population, and would be too pricey for another, pensions minister Steve Webb said on Wednesday.

Standard Life has said its annuity business has fallen by half following changes to the rules around retirement announced in last month's Budget.

Almost everyone in the UK will fall short of their expectations of a financially secure retirement unless they take drastic action to adjust there savings, a wide reaching survey suggests.

Aegon has launched a non-advised digital service to help people better prepare for retirement by seeing the need for regular savings.

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

Proper SIPP due diligence is a straightforward task, say frustrated advisers

Annuity provider MGM Advantage has announced 80 redundancies as a result of the significant pension changes announced in the Budget.

More than a quarter of workers are now more likely to save into a pension after the sweeping changes announced in the Budget, according to research.

Eight in ten UK investors are confident they will be able to fund the retirement lifestyle they want, but this is still fewer than in Brazil, a survey has found.