Retirement

Labour and a growing proportion of Liberal Democrat MPs plan to mount an assault on the acceleration of the state pension age (SPA), Rachel Reeves, shadow pensions minister says.

SIPP providers say they have serious doubts about whether the FSA's proposals to force them to produce more literature and increase charging disclosure will benefit pension clients.

Barnett Waddingham (BW) has reduced by more than £120 the SIPP set-up fees for clients introduced by a financial adviser.

Guernsey sees the introduction of its QROPS Code of Conduct as a distinct feather in its cap for attracting expatriates seeking an offshore home for their pension wrappers.

Financial secretary to the Treasury Mark Hoban has confirmed the government is on track to begin paying compensation to Equitable Life victims before the end of June.

The Pensions Bill has moved to the House of Commons with one additional amendment: to strengthen the regulatory framework of the alternative certification model.

Gerry Brown discusses the benefits of IHT planning

AJ Bell boosted its assets under administration 20% in the six months to the end of March, from £12.6bn to £15.1bn.

Just Retirement's annuity sales for the three months to 31 March 2011 fell year on year, but the group was buoyed by strong equity release figures.

Montpelier Pension Administration Services (MPAS) is planning to sell its SIPP business.