Retirement

CONDENSED

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

VAT

Almost two million people plan to use their property to bolster their retirement income, research shows.

COMPLAINTS

The Pensions Regulator (TPR) plans to fine pension providers who do not properly report auto-enrolment failures.

Sainsbury's will use its existing Legal & General (L&G) schemes for auto-enrolment, as it becomes one of the first companies to undertake the reform this Monday.

AUTO-ENROLMENT

James Hay has seen its average wrap case size rise 21% in the last six months.

More than half of employees without pensions are still not aware of auto-enrolment, according to research.