Retirement

Clare Ward takes a look at the steps that corporate IFAs need to take to prepare for the introduction of personal accounts in 2012

Nick Bladen discusses the importance of segmentation when assessing whether a SIPP is the best solution for your client

Trustees of final salary pension schemes should act to support their sponsor companies during the economic downturn, despite facing a £45bn annual shortfall, according to Aon Consulting.

More than seven out of ten IFAs expect to sell more third way products in the future but require more training on the products, according to threesixty.

Axa has launched its Save More Tomorrow pension plan, which automatically increases the level of contributions over the duration of the pension.

SIPP provider Suffolk Life has unveiled a service charter as part of its efforts to develop its business.

Defaqto has called for pensions educational programmes, after its own research found that 74pc of consumers have not sought any advice about planning for their retirement.

A flood of income drawdown investors have requested annuity quotations as a result of the banking bail-out, according to Living Time.

Clients are being urged to seek advice before moving Protected Rights money out of with-profit funds and into a SIPP as exit penalties introduced last week could significantly reduce the value of their pots.

The highest annuity rates for six years combined with increased longevity could boost pension income by 10%, but rates are ‘unlikely' to climb further, according to Annuity Direct.