Retirement

Rowanmoor Pensions plans to launch a bespoke SIPP later this year, it has been revealed.

Standard Life's reputation will have taken a hit as a result of its handling of the Sterling Fund issue as adviser confidence in the group has been seriously eroded despite its expected pay-out of £100m.

An average male coming up to retirement who has invested in a Scottish Widows with-profits personal pension policy over 20 years will see £10,000 wiped off the value of his fund compared to the same time last year.

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.