Retirement

A number of pensioners in income drawdown who have seen their payments fall by up to 50% have complained of potential adviser ‘mis-selling', a provider has said.

Self-invested personal pension (SIPP) disclosure changes should be deferred for at least a year to avoid disrupting implementation of the Retail Distribution Review (RDR), Aegon has warned.

The government risks undermining confidence in auto-enrolment through "endless changes and delays", warns the National Association of Pension Funds.

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Two in five people planning to retire this year would be happy to work past 65 if they were able to, according to a survey.

With about five months to go until auto-enrolment begins just under 70% of employees remain unaware they will be affected by the changes, Aviva research has found.

The UK pensions bill hit £7.1trn at the end of 2010, weighed down by firms with defined benefit (DB) schemes owing £1.3trn in pension obligations, national statistics show.

Poor annuity rates and a bleak outlook for future improvements mean retirees should delay their purchase for as long as possible, an adviser has warned.

2012 is shaping up to be a big year, what with the Olympics, the European Championships, and the Queen's diamond jubilee. Not to mention the EU Gender Directive.

Clients can't afford to overlook cash in their home With falling investment returns and low interest rates affecting savings, retirees are looking for other ways to fund their retirement. Research for Aviva shows that retired people own property worth...