Retirement

Lifetime mortgage rates have fallen significantly over the past five years and present an opportunity for existing customers to switch to lower interest rates, research finds.

ALMOST COMMISSION

It's been a long time coming, but finally it's the official launch day of automatic enrolment.

Pension savers who do not take advice are more likely to lack retirement planning knowledge and be £200 a month worse off, according to research.

Just Retirement will enable retirees to switch from a fixed term annuity to a different pension if their circumstances change.

Labour leader Ed Miliband has promised to enforce a strict 1% cap on pension charges as part of his plan to help people get a better deal.

FIVE THINGS

Thousands of workers have been auto-enrolled into a workplace pension for the first time today.

CONDENSED

Homeowners who plough cash into their property for retirement and dismiss other saving options are taking a risk, warns an equity release adviser.