Retirement

Employee membership of occupational pension schemes fell by 400,000 in 2007, the Office for National Statistics (ONS) says.

A free guide for IFAs on the third way retirement product market has been launched.

A challenge to the right of employers to make people retire at 65 has been rejected by a senior legal adviser to the European Court of Justice.

Defaqto has published a free guide aimed to help IFAs understand the innovative third way retirement product market, listing 20 questions advisers should ask providers in their due diligence process.

Pointon York has announced its PY SIPP can now accept protected rights following changes in the rules made by the Government.

Just Retirement and 1st The Exchange have launched a new business tracking facility for the provider's equity release and annuities products.

IFAs have a tough time persuading apathetic, wealthy retirees to take action against the worrying effects of IHT and inflation, according to HFM Columbus.

Total UK pension funding deficits have fallen by around £20bn since the beginning of the week on the back of the equity market fall-out.

Lloyds TSB plans to extend its wealth management products and services by leveraging off its own and HBOS's long term savings product suites.

Income drawdown has become the flexible solution sought by many in their post working life. From a standing start in the mid-1990s, this year, drawdown accounts for over 21% of new funds earmarked to provide retirement income.