Retirement

Independent pension policy adviser Ros Altmann is urging the Government to overhaul and simplify the system of basic state pensions and pensioners' benefits.

Former Money Portal boss Tony Morris has had his assets frozen by Australian judges over his links to the £52m GP Noble fraud case.

Variable annuity sales rose by 34% to £445m in the first half of 2010 compared to H2 of 2009, according to research from Towers Watson.

Employees who leave a company prior to retirement could be worst hit by the switch from RPI to CPI, a pensions expert warns.

Pensions experts are warning of a mass exit from contracted out DB schemes as the DWP consults on plans to abolish transfers to DC alternatives.

Senior industry figures are pleading for an early government announcement on pension tax relief restriction rules because "time is running out" for employers to implement changes.

Advisory firm the Lighthouse Group has offloaded pensions provider City Trustees to Mattioli Woods for £1.85m.

Just Retirement generated record new business in the 12 months to June, exceeding the £1bn mark for the first time.

Britons display "worryingly" low levels of optimism towards preparing for retirement and possess a gloomier outlook than their counterparts across the Atlantic, a study suggests.

The pension pot needed to satisfy the minimum income requirement could need to be as much as £300,000 in order to stop people falling back on state benefits, Towers Watson says.