Retirement

The BBC's Panorama has been accused of scaring UK consumers away from pension saving.

UK retirees could be missing out on up to £56.6m of retirement income each year by not purchasing an enhanced annuity, new research suggests.

People who have registered for enhanced protection could find it invalidated by 2012 auto-enrolment regulations and face "penal" charges, First Actuarial says.

Scheme pensions could be a good choice for pensioners in drawdown who have been hit by record low income rates, according to Hornbuckle Mitchell.

The Government should review its "onerous" 82% tax on alternatively secured pensions (ASP), according to AJ Bell.

The Personal Finance Society (PFS) is joining forces with compliance experts The Consulting Consortium to launch two new web-based tools to help advisers meet TCF requirements.

Friends Provident has joined the ABI's Options scheme, which aims to speed up the open market option (OMO) transfer process.

Most advisers are blaming the complexity of the pension transfer process for the length of time it takes.

Setting up an effective default fund investment strategy will be a crucial step in ensuring auto-enrolment works for everyone, the Investment Management Association (IMA) says.

The burden of regulation could scare adviser firms away from providing their clients with pension transfer advice, experts warn.