Retirement

Ann Dempster discusses the importance of getting the right system in place for auto-enrolment.

Labour shadow pensions minister Gregg McClymont has set out ten principles he believes will "end rip-offs in private pensions".

Actions not words are needed to end the "rip-offs" in private pensions, Labour's shadow pensions minister has said.

The Pensions Advisory Service (TPAS) has questioned the veracity of some financial advice on self-invested personal pension (SIPP) investments after an increase in calls to its helpline on the issue.

The £1.5m lifetime allowance on pension saving should be scrapped as it is a barrier to effective long term retirement saving, a provider has said.

The National Employment Savings Trust (NEST) has ended its first ten months in operation with less money in its fund accounts than were made in initial contributions, after one member died and contribution charges ate into member pots.

CONDENSED

Resolution has cancelled an intended £250m payout to shareholders after reconsidering the expected capital requirements of Friends Life.

Automatic enrolment will become the most expensive regulatory change imposed on businesses under the coalition government.

The 400,000 people who have dropped out of personal pension saving since 2008 are unlikely to make up the contributions later in life and will face reduced income in retirement, Axa Wealth has warned.