Retirement

The industry must automate the decumulation phase of defined contribution schemes, National Association of Pension Funds chief executive Joanne Segars says.

The introduction of Solvency II could see annuity rates, currently at record lows, drop a further 20%, Deloitte has warned.

SIPP provider James Hay Partnership has linked with True Potential to offer access to the James Hay iSIPP via the True Potential Wealth Platform.

Bank of Scotland has appointed Mattioli Woods to operate its £140m Pilgrim SIPP.

BlackRock has become the latest in a line of providers and asset managers to launch a master trust before auto-enrolment.

Focusing on simple messages will be a key part of ensuring the success of auto-enrolment, pension minister Steve Webb says.

The number of people in the UK working beyond state pension age has almost doubled over the last 20 years according to figures released by the Office for National Statistics.

The Pensions Regulator (TPR) has published a list of key features that defined contribution (DC) schemes "need to be able to demonstrate" to show they will deliver good outcomes for savers.

Standard Life has launched an online toolkit aimed at helping employers and advisers plan for auto-enrolment compliance.

Retirement Planner's round-up of the week's top pension stories.