Retirement

Hargreaves Lansdown has added its name to a growing campaign attacking possible plans to scrap higher rate tax relief on pension contributions.

A move in this week's Budget to scrap higher rate tax relief on pension contributions would be "entirely wrong" and "a direct attack on middle Britain", the Association of British Insurers (ABI) says today.

More than eight million UK pensioners have seen their monthly incomes fall by a quarter due to record low income rates, according to equity release trade body SHIP.

Employers no longer have to consult with employees when a group personal pension provider is switched, a lawyer says.

Hargreave Hale has launched a SIPP with no annual charge for 'active' investors.

Lending by the equity release sector has fallen by almost a quarter over the first quarter of 2009, according to Key Retirement Solutions.

Investors in SIPPs and SASSs should find it easier to remortgage commercial property within their portfolio following changes to tax rules.

The Origo Options initiative, backed by a number of providers, has cut annuity transfer times at retirement by around two thirds.

A victim of unfair dismissal was compensated for the loss of her defined benefit pension scheme up to her retirement age by the Employment Appeals Tribunal.

Lincoln Financial Group has removed the administration fee on its retirement proposition Lincoln i2Live.