Retirement

LV= has become the latest firm to join the decumulation action group headed by Tom McPhail.

Government plans to gradually raise the retirement age to 68 may be increased to 70, the head of the Pensions Regulator predicts.

In the first of our new series of comment pieces, Helen Morrissey and David Stevenson give their views on annuitisation.

Variable annuities are more suited to older people who are still working, rather than those in retirement, according to Just Retirement.

Hundreds of advisers' clients have failed to make any plans to combat their IHT liability, leaving them vulnerable to a 40% tax hit, research suggests.

Just Retirement saw record business levels in the second quarter of 2009, though it was not enough to prevent the group from posting a sales decline in the 2008/09 financial year.

Hornbuckle Mitchell has created a dedicated administration team to help IFAs efficiently place new business with the SIPP specialist.

The Government wants the UK insurance industry to work more closely with it to manage risks in society.

The FSA has been accused of betraying with-profits investors by allowing insurance companies to continue making compensation payments from inherited estates.

Andy Zanelli, head of professional edge technical sales at AXA Winterthur Wealth Management, says the importance of regular client reviews, particularly in the current economic conditions, cannot be over-emphasised.