Retirement

The Government will only compensate Equitable Life policyholders who were 'disproportionately affected' by the maladministation of the scheme but victims may not see their money for well over two and a half years.

Suffolk Life was awarded Investor in Customers (IIC) accreditation for the second time today.

One in four Britons will delay their retirement as a result of the economic downturn, research from Life Trust suggests.

SIPP investors could benefit from an additional safety net by becoming a co-trustee of their pension fund, according to Hornbuckle Mitchell.

The aggregate deficit of 7,800 defined benefit schemes monitored by the Pension Protection Fund increased by £58.5bn in December.

Pension funds believe investment management fees are too high and need to come down, a study by financial consultants bfinance suggests.

Avoiding hefty inheritance tax (IHT) bills is the biggest concern for those approaching retirement, according to Lincoln Financial Group.

Living Time is offering an investment plan with a number of guarantees for SIPP clients.

Scottish Friendly has appointed Michael Walker as its new chairman, taking over from existing chairman, Graham Webster.

Friends Provident will cut final bonus rates on its with-profits policies after gross investment returns on the fund hit -10.5% in 2008.