Retirement

More than half of the working population is still unaware of the government's automatic enrolment programme, just three weeks before its launch, a report has found.

The industry has to find new ways of providing low-cost advice on an ‘industrial scale' after the Retail Distribution Review (RDR), Scottish Widows has said.

A "toxic combination" of low interest rates, spiralling inflation and the Bank of England's quantitative easing (QE) policy has hit over 50s spending power, Saga has said.

More than 18 million workers will have passed through the auto-enrolment process by the end of next year, latest figures from The Pensions Regulator (TPR) forecast.

James Hay Partnership has notified advisers of its Retail Distribution Review (RDR) proposition ahead of its implementation in 2013.

Steve Webb is the longest serving pensions minister. Do you think he has done a good job?

About half a million people who are approaching the current state pension age (SPA) are too ill to work, the Trades Union Congress (TUC) has said.

FIVE THINGS

The Financial Services Authority (FSA) has expressed concerns that an increase in advised sales of investment bonds by life insurance companies may be a sign of a commission grab ahead of the implementation of the Retail Distribution Review (RDR).

The government has promised it will only implement changes to tax legislation retrospectively in "wholly exceptional circumstances", after concerns were raised that it could damage the UK's reputation.