Retirement

FIVE THINGS

Standard Life has added flexible drawdown as a feature on its SIPP propositions and rolled out a new range of drawdown funds.

Advisers looking to break into the corporate pension market to serve SMEs' needs after automatic enrolment should consider taking specialist qualifications, according to the Pensions Management Institute (PMI).

MGM Advantage has confirmed its annuity quoting structure and business model for the period leading up to the EU gender ruling on 21 December.

Life and pensions giant Prudential could see its A+ credit rating downgraded by Standard & Poor's (S&P), the FT reports.

The Association of Independent Financial Advisers (AIFA) has come out strongly against plans to increase the Financial Services Compensation Scheme (FSCS) levy threshold.

Hornbuckle Mitchell has won a case against an investor who claimed their due-diligence lost him £300,000 when esoteric investments held in his SIPP went wrong.

The Department for Work and Pensions will re-launch combined pension statements on 5 November after being suspended for technical updates.

Labour has asked the government to amend current drawdown rules to ease financial pressure on people who have seen their income drop by up to 40%.

‘Inappropriate' active member discounts (AMDs) could threaten the success of auto-enrolment and must be restricted, Legal & General has warned.