Retirement

The Government's decision not to use the Pre-Budget Report to bring forward plans for auto-enrolment into workplace pension schemes has been branded as 'disappointing' by the ABI.

Pensions experts are disappointed the Government has not taken the opportunity to review the 75 year rule on annuity purchase in the Pre-Budget Report.

Thousands more pension savers face a 55% tax charge after the Government revealed it will freeze pension allowances until 2016.

High earners may find pension savings more attractive following the Chancellor's hike for those earning more than £150,000.

Poverty amongst pensioners is "spiraling out of control" with one in four approaching retirement in debt, a study suggests.

The Chancellor is being urged to issue more long-dated debt by the National Association of Pension Funds (NAPF), to help the UK in the coming recession.

European Pensions Management (EPM) has launched a SIPP giving access to leveraged products, including Contracts for Difference (CFDs).

Some retirees could find it impossible to release their pension benefits when the Government changes the minimum pension age to 55 in 2010, according to Hornbuckle Mitchell.

Xafinity is offering to pay all legal fees for the purchase of commercial property within its newly launched SIPP for a limited period.

The Association of British Insurers (ABI) is urging the Government to bring forward the launch of auto-enrolment in workplace pensions.