Retirement

The cost of fraudulent claims for public sector pension benefits has increased by £4m to £20m per year since 2012, the National Fraud Authority's (NFA) latest report shows.

Annuity rates have declined by 29% since the introduction of the Bank of England's quantitative easing programme, AXA Life Europe has found.

Europe's equity release market could potentially release over €20 billion a year as long as current Solvency II requirements don't stifle product supply according to a report.

State pensions will face a cap under Labour should the party win the next election, shadow chancellor Ed Balls has said.

Friends Life has launched a venture with Key Retirement Solutions to bolster the support it offers customers at retirement.

Low-cost workplace pension provider NOW: Pensions has teamed up with a specialist annuity provider to ensure all savers get the best possible income at retirement.

Data from The Pensions Regulator (TPR) shows 97% of surveyed DC schemes provide support to members wishing to exercise their open market option.

Scottish Life has backed down on its position on the use of consultancy charging for automatic enrolment pension schemes.

The cost of fraudulent claims for public sector pension benefits has increased by £4m to £20m per year since 2012, the National Fraud Authority's (NFA) latest report shows.

The trade union which represents Aegon staff has branded the life company's move to cut 160 roles as "devastating".