Retirement

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

Billy Mackay highlights the benefits of income drawdown.

Hargreaves Lansdown has licenced Staffcare to enhance its corporate wrap by adding total reward statements, flexible benefits and auto-enrolment administration facilities.

Three trade unions have joined forced to launch a campaign against government proposals to increase the UK state pension age to 68.

In the latest Interactive Financial Adviser debate, our panelists discussed Retirement in a video roundtable.

Just Retirement annuity sales, including enhanced and fixed term products, were up more than 35% to £313.2m to 31 March, third quarter results show.

FIVE THINGS

Almost half of advisers have reported a shift in client money away from traditional pension saving to alternative products, a YouGov poll has found.

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.