Retirement

The Department for Work and Pensions (DWP) has confirmed when employers must pay pension contributions for workers on maternity leave after confusion over the law.

The onus will be on SIPP providers to ensure investors meet flexible drawdown requirements, Her Majesty's Revenue and Customs (HMRC) has confirmed.

Britain's final salary pension funds have lost about £250bn of value as the eurozone debt crisis has mounted, according to the head of the Pension Corporation.

A £650m government loan to set up the National Employment Savings Trust (NEST) will be "unrecoverable" as the agreement allows the terms of the loan to be renegotiated, a lawyer said.

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

As the lifetime allowance reduces to £1.5m advisers can apply for fixed protection for clients with pension pots likely to breach this amount. Matthew Stephens goes through the process

A third of company pensions could be at risk of last-minute drops in the stock market before savers hit retirement, according to a report.

Aegon today confirmed the sale of its UK-based life and pensions business Guardian to European private equity group Cinven, for a total cash consideration of £275m.

Question: What important role do you see these products playing in the retirement income space in future? Calm before a storm?

Question: Complexity and cost are two reasons I give when asked why I don't recommend unit-linked guarantees to my customers. Are we likely to see more cost effective products coming onto the market?