Retirement

The Liberal Democrats today announced they would scrap higher rate tax relief on pension contributions as the party unveiled its 2010 General Election manifesto.

Defined benefit pension funds are £0.3bn in surplus for the first time since June 2008, Pension Protection Fund figures reveal.

The babyboomer generation are over-reliant on property to fund their retirement, creating an opportunity for advisers in the lifestyle planning realm, AXA says.

The Pensions Regulator should speak out against the "rubbish" 8% minimum auto-enrolment contribution, a consultant says.

Friends Provident is calling on the next government to help build a healthier savings culture in the UK.

Annuity rates tumbled in April after a brief period of stability during the winter, according to Alexander Forbes Annuity Bureau.

Scottish employers who equalised retirement ages between male and female members will not have to increase scheme contributions in line with their English counterparts, a law firm says.

People relying on their property to fund their retirement will be 20% worse off today than they would be in 2008.

Many advisers have not been properly trained to use pension transfer tools, despite massive uptake in their use since an FSA review in 2008.

Tax on pension contributions could affect those currently earning £100,000 a year by 2020, Towers Watson has warned.