Retirement

Rosie Winterton has left her position as pensions minister at the department for work and pensions.

Trevor Matthews has taken time out from his role as chief executive at Friends Provident to reply personally to an IFA who expressed his concern about the future of the insurer.

Pensions commentators are hesitant over Yvette Cooper's appointment as Secretary of State for the Department of Work and Pensions.

Yvette Cooper has become Secretary of State for the Department of Work and Pensions (DWP) as part of the Prime Minister's Cabinet reshuffle.

Reita, the professional body for REITs and quoted property investment, has welcomed HMRC's decision to relax rules on borrowing within SIPPs.

Hornbuckle Mitchell has revised its full-year financial forecasts upwards following record business growth in the early months of this year.

A decision by Barclays to close its final salary pension scheme to future accruals as part of a review of its pension arrangements has called into question the future of defined benefit (DB) plans.

Aviva has sent voting packs to around one million policyholders over its proposed reattribution plan.

AXA Winterthur has added annual income reviews to its unsecured pension (USP).

Advisers say the number of clients using the open market option (OMO) is increasing.