Retirement

Prudential UK has appointed Simon Webb as commercial manager in its Corporate Solutions team.

The continuing growth of the SIPP market proves many UK investors have "little choice" but to take greater responsibility for their pension, John Moret says.

AIFA is preparing a major industry study into the issues surrounding decumulation, it was announced today

Scottish Widows is enhancing its corporate pensions proposition to allow share dealing for self invested members.

The aggregate funding position of the 7800 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £190.6bn in January.

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.