Retirement

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%.

Scottish Life is to strengthen its marketing and technical support services for IFAs across the UK.

Dentons Pensions Management has today revealed plans to expand its presence in the SIPP market.

Demand for technology-driven solutions will see a defined move to efficient client-centric wrap platforms from product-centric fund supermarkets, writes Novia's Bill Vasilieff.

Alexander Forbes Financial Services is set to make a "limited number" of support staff redundant following a downturn in the corporate pensions market.

People approaching retirement should seek professional advice on how to drawdown their pension as they are likely to take a double hit from lower gilt yields and falling fund values.

The value of Legal & General's with-profits fund fell 18% during 2008, leading to a cut in bonus rates.

Employers are being warned not to cut contributions to their final salary pension schemes if they are still able to pay dividends to shareholders.