Retirement

The government's auto-enrolment legislation may have a more significant effect on consumers' disposable income than planned government cuts, according to JO Hambro Capital Management's Clive Beagles.

Money being channelled through an insurer's platform into external funds under auto-enrolment (AE) could put members' pensions at risk if the fund provider went bust, Standard Life has warned.

AXA Wealth's long-term pension plan and onshore investment bond are Retail Distribution Review (RDR)-ready, offering advisers flexible charging options.

Aviva has launched an additional two pension levels on its platform to sit alongside its current self-invested personal pension (SIPP) business.

The Department for Work and Pensions (DWP) has set out its proposals for the design of pensions minister Steve Webb's flagship defined ambition (DA) pension system.

The Financial Services Authority (FSA) plans to increase the minimum capital held by self-invested personal pension (SIPP) providers from £5,000 to £20,000.

Young people in Britain are saving nearly one fifth of their monthly disposable income, which is more than any other age group - but only 12% are using this money to save for retirement, according to research by asset manager BlackRock.

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IHT

Pensions minister Steve Webb has announced the Department of Work and Pensions will publish its Reinvigorating Pensions report on 22 November.