Retirement

The Professional Adviser ‘Personality of the Year' award is going to be hotly contested this year between no less than seven nominations.

Andrea Rozario, director general of The Equity Release Council, has chosen to step down from her role at the end of February to pursue new challenges.

LIBERATION?

OFFSHORE

Drawdown customers and their advisers must be aware that despite the 20% uplift being restored, their pension might not increase for a year, Skandia warns.

Government must make the growing numbers of unemployed over-50s ‘a priority' as the state pension age rises, according to Age UK.

The Department for Work and Pensions is considering an outright ban on consultancy charges on pensions which are borne by members.

The Department for Work and Pensions has promised a better working relationship between the Pensions Regulator (TPR) and the Financial Services Authority (FSA) and said joint thematic reviews are planned.

The Office of Tax Simplification has made a range of recommendations in a bid to make tax simpler for Britain's pensioners.

Andrew Roberts, partner at Barnett Waddingham, the independent actuaries and consultants, calls for a "ceasefire" from all political parties on pensions and for them to work together to create a stable system.