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Retirement

Investment

Savers pay £190k in tax by 50th birthday - MetLife

The average 50-year-old has paid three-and-a-half times as much direct tax than they have invested in their pension when they hit 50, according to analysis from MetLife.

clock 07 November 2012 •

Income

ABI moves to improve annuity rate transparency

The Association of British Insurers (ABI) has launched a consultation on the transparency of annuity rates to ensure consumers approaching retirement get the best deal.

clock 07 November 2012 •

Pensions

RP Poll: Pension projection rates

Will the lower projection rates introduced by the FSA deter people from saving into personal pensions?

clock 06 November 2012 •

Investment

Three things we learned this week

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

clock 06 November 2012 •

Investment

Webb: NEST restrictions do limit employer choice

Restrictions on the National Employment Savings Trust (NEST) could leave medium-sized employers with only one provider to choose from for auto-enrolment, the pensions minister has said.

clock 06 November 2012 •

Investment

Govt considers lifting NEST restrictions

Restrictions on the National Employment Savings Trust (NEST) could be lifted after the government issued a call for evidence on the impact of the constraints.

clock 06 November 2012 •

RDR

Just Retirement confirms G-day and RDR timeline

Just Retirement has confirmed its schedule for accepting new business ahead of the Retail Distribution Review (RDR) and forthcoming gender neutrality.

clock 06 November 2012 •

Wrap/platforms

Ascentric reports 'dampened growth' due to RDR pressures

Assets on Royal London's wrap platform Ascentric grew 42% to £4.7bn in the nine months to 30 September, with new inflows dropping 18% to £856m, according to latest figures.

clock 06 November 2012 •

Investment

Public sector pensions will be '80% taxpayer-funded' by 2016

Public sector pensions need further reform before 2020 to avoid an annual £32bn liability for UK taxpayers, a Centre of Policy Studies report has said.

clock 05 November 2012 •

Income

Drawdown fund depletion 'significant' risk for many

Pressure on government to reform maximum drawdown rates should be resisted as the move would see more pensioners deplete funds before they die, Partnership has warned.

clock 05 November 2012 •
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