Retirement

Snow bound a couple of weeks ago, I set to musing about the FSA's paper on pension switching advice and the recently issued suitability assessment template.

Members of the Royal Mail Pension Fund could see their benefits slashed by 50% if plans to privatise part of the company are not pursued, the trustees warn.

Personal Accounts will cost UK businesses almost £3bn each year after 2012, according to consultancy firm, Mercer.

Clerical Medical has launched an ISA transfer kit in its latest bid to help advisers manage their clients' investments more simply.

Standard Life has defended its decision to guarantee annuity quotes on its internal policies for just one day.

LV= has launched three new ISA options, offering savers an alternative for their savings following record interest rate cuts.

Fewer pension savers are taking the open market option (OMO) when purchasing a retirement income product, according to the Association of British Insurers (ABI).

Companies with a proactive communications strategy will be better placed to minimise possible member distress over defined contribution asset falls, Fidelity says.

Two in five British people do not have any pension arrangements in place, according to research from Fairinvestment.co.uk.

Prudential's UK retail sales rose by 10% during 2008, while overall sales for the group climbed 5%.