Retirement

Personal Accounts could make pension provision worse, not better, according to independent policy adviser Dr Ros Altmann.

Annuity rates have fallen dramatically this month as the market begins to adjust to the economic downturn.

Trustees of schemes hit by the drop in value of Standard Life's Pension Sterling fund have approached their legal advisers after member complaints.

Just Retirement saw sales slump 8.6% during the second half of 2008 as the firm chose to focus on profitability over new business.

Royal London saw group life and pensions sales climb 17% during 2008, with 90% of individual new business coming from advisers charging agreed fees.

The FSA has launched a suitability template on pension switching advice as part of an industry-wide review.

2009 will be an interesting year for SIPPs. The collapse of interest rates will mean increased clarity in fee structures as certain providers won't be able to prop up their cheapish looking fees by relying on taking up to 1.5% of the interest rate earned...

Standard Life is blaming IFAs for the loss of client money held in its controversial Sterling Pension fund, advisers claim.

Government proposals to encourage people to save more for their retirement need "careful consideration", according to the pensions industry.

MGM Advantage has joined Exweb to provide IFAs with fast online quotes for its range of annuities.