Retirement

SIPP investors who have the vast majority of their assets held in Unit Trusts or OEICs may be better off using a platform pension due to cost, says Skandia.

Trades union Unite has rejected the government's latest offer for reform of local government pensions.

A new generation of 'Wearies' - Working, Entrepreneurial and Active Retirees - is likely as a result of inadequate retirement incomes, says Friends Life.

Officials in Shanghai are delaying the introduction of rules permitting expats living in the country to pay into its social security and pension system due to fear of upsetting investors.

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

Ministers and pension scheme representatives will meet every fortnight over the next three months to plan funding in UK infrastructure.

The Association of Consulting Actuaries (ACA) has called on the government to take steps to reinvigorate private sector pension provision after noting a "seismic collapse" in UK schemes.

The Association of British Insurers (ABI) does not go far enough to protect consumers' interests when purchasing annuities, Fidelity has said.

The inheritance tax (IHT) threshold freeze has boosted government revenues from the tax by 14%, an accountancy firm said.

Retirement Planner asks industry spokespeople: What is your New Year's resolution for the retirement planning market?