Retirement

Retirement Planner's round-up of the top pension stories this week.

Just Retirement has announced a ‘record' 64% increase in annuity sales over the past year.

Restrictions placed on the National Employment Savings Trust (NEST) are there to protect savers from poor retirement outcomes and should not be scrapped, according to Aegon.

Scottish Life has posted record new business results for the 12 months to 31 December, with total life and pensions business valued at £2.4bn.

LV= is launching a three-step training programme for IFAs who are considering advising on equity release.

The government has confirmed it will consult on proposals to make the process of automatic enrolment simpler.

Regulators have joined forces to raise awareness of pension liberation "predators" who target cash-strapped workers promising to release their pension as a loan or lump sum.

Restrictions attached to the National Employment Savings Trust (NEST) should be scrapped immediately, according to a group of MPs.

The government is set to impose a £95,000 "stealth tax" on inheritance to help pay for care for the elderly, according to the Sunday Times.

The FSA's proposed SIPP capital adequacy measures risk causing consumer detriment according to the Association of Member Directed Pension Schemes (AMPS).