Retirement

The Equity Release Council has revealed it will not replace outgoing director-general Andrea Rozario.

Details of the thematic review of the £11bn annuity market have been revealed by the Financial Services Authority (FSA).

National Employment and Savings Trust (NEST) Corporation has revealed it saw a 40% opt-out rate following its auto-enrolment staging date.

The annuity market will come under investigation by the Financial Services Authority (FSA) later today when a major review is announced.

Over a fifth of retirees are taking out equity release loans to clear outstanding mortgages, according to research by Key Retirement Solutions.

Retirement advice firm Age Partnership is set to launch an equity release lending arm later this year.

Former tax boss Andrew Meeson set up the allegedly "fictitious" Moya pension schemes at the behest of convicted fraudster Thomas Scragg, a court heard yesterday.

The National Employment Savings Trust (NEST) has announced 11 more large employers are using it for auto-enrolment.

The benefits of auto-enrolment have been accepted by the majority of consumers and many believe the policy means they can ‘stop worrying' about making a start on pension saving, research has found.

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