Retirement

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?

The Pensions Regulator has contacted tens of thousands of IFAs and accountants as part of its auto-enrolment education drive.

Lord McFall has called for an industry code of practice to establish a normal 0.5% for defined contribution (DC) pension fund management fees.