Retirement

The Financial Services Bill has been branded a 'dog's breakfast' by a prominent Labour peer and criticised for being put together too quickly.

Royal Bank of Scotland (RBS) has told staff they will have to work longer and contribute 5% of salary to their final salary pension.

Alliance Trust Savings has sold its small self-administered scheme (SSAS) business to Xafinity's specialist arm, Hazell Carr SSAS.

Extending working lives and promoting private pensions are essential in making pension systems sustainable and adequate according to the OECD.

People who are will to pay into a pension but have not got around to signing up are collectively losing out on £2.5bn in income tax relief on contributions, analysis has found.

PENSIONS

National Insurance (NI) contributions are due on pre-6 April 2006 employer payments into funded unapproved retirement benefit schemes (FURBS), the Court of Appeal has ruled.

The average women currently retires on more than £5,500 less than the average man, according to a report released today.

About half of small businesses will turn to financial advisers to make sure they are compliant with auto-enrolment employer duties ahead of their staging date, a study of 500 firms has found.

The industry has five years to undertake "radical reform" or face heavy-handed government intervention, a researcher warns.