Retirement

Equity release provider Key Retirement Solutions has announced plans to expand into the estate planning sector.

IFG Group shareholders have given their backing to a £35m purchase of James Hay.

One in five company pension scheme savers say they would be more likely to save for retirement if their pot was protected by guarantees, according to MetLife.

Police are investigating alleged fraudulent activity by former Rowanmoor Pensions joint managing director David Seaton, who died in September.

Financial advisers are the most trusted source of retirement advice, according to Defaqto, just beating friends and family for the third year running.

The UK's combined defined contribution pension savings have rebounded by more than £103bn since this time last year, Aon Consulting says.

IFAs are losing interest in retirement savings products as more flexible alternatives become increasingly important, according to Defaqto.

As we near the end of the year and start to reflect on the past twelve months whilst looking forward to the next with a renewed sense of vigour and positivity, my over-riding hope for 2010 is that we finally see some better solutions in the pensions arena....

Pensioners who take the open market option (OMO) are around 50 times as likely to benefit from an enhanced annuity as those sticking with their pension provider, ABI figures have revealed.

Enhanced annuity sales fell 7% in the third quarter of 2009, in line with industry expectations.