Retirement

The Treasury has confirmed rumours that it will launch a consultation on income drawdown limits are untrue.

FLEXIBLE DRAWDOWN

ANNUITIES

Pensions minister Steve Webb has admitted the government needs to do more to prevent consumers being auto-enrolled into "dodgy" pension schemes.

The government can lift the restrictions on the National Employment Savings Trust (NEST) without "offending" European Union (EU) state aid rules, the shadow pensions minister has claimed.

Advisers fear weak interest rates and turbulent markets will hit people's defined contribution (DC) pension funds, Aegon research has revealed.

Key Retirement Solutions has completed the purchase of IFA annuity broking service Annuity People.

The "lunacy" of the euro and its "inevitable" end may improve the funding position of UK pension schemes, economist Roger Nightingale has said.

Self-invested personal pension (SIPP) specialist James Hay Partnership has reported positive results following the overhaul of its business model.

In this week's quick fire poll we ask: Would you like to see improvements in the SIPP re-registration process?