Retirement

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Aviva has scrapped plans to add a group ISA and group SIPP to its employee benefits platform, Work:Life.

As many as one in three new self-invested personal pensions (SIPPs) with Dentons is investing direct into UK commercial property, the highest rate the provider has seen.

High and opaque charges are harming savers with defined contribution (DC) pension schemes, according to the Financial Services Consumer Panel (FSCP).

The initial hike in the state pension age (SPA) for women improved public finances by £2.1bn as employment rates for both women and men increased, research from the Institute for Fiscal Studies (IFS) has found.

The National Association of Pension Funds (NAPF) and Wheels Common Investment Fund (WCIF) have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit pension schemes.

The Department for Work and Pensions (DWP) must monitor the overall rate of participation in auto-enrolment rather than focusing on opt-out rates, providers have warned.

Scottish Widows' participation plans for the annuities market in 2013.

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