Retirement

The Personal Accounts Delivery Authority and department for work and pensions have gone out to consultation on the draft scheme order and rules for personal accounts.

A consultation on the draft scheme order and rules for personal accounts (PAs) has today been launched by the Personal Accounts Delivery Authority (PADA) and the Department for Work and Pensions (DWP).

Novia will launch its Group SIPP in May, with integrated wrap services for scheme members.

The Association of IFAs (AIFA) has criticised consumer watchdog Which? after it hinted its report into the quality of equity release advice given by intermediaries will be far from glowing.

Rowanmoor Pensions has launched a new SIPP to the UK market, with the aim of offering maximum flexibility and service to investors.

Net sales of UK domiciled Isas were £321m in March, a positive increase on February which saw outflows of £112.5m, and £273.5m up on the £47.5m inflow in March 2008, according to figures from the IMA.

Taxation of high earners pension contributions is the final nail in the coffin of defined benefit provision, according to Hargreaves Lansdown.

Almost 100% of customers taking out an annuity through Norwich Union are happy with the service they receive, according to research by the life insurer.

Suffolk Life will remove fees for protected rights funds from 1 May 2009, it has confirmed.

High net worth (HNW) advisers have branded measures in today's Budget to restrict tax relief on pension contributions for top earners as "yet another nail in the coffin" for savers.