Retirement

One in five pension schemes say they will level down either by lowering contributions or switching new employees to Personal Accounts from 2012, according to the NAPF's annual survey of 502 schemes.

Rosie Winterton's unexpected appointment as pensions minister this week has roused concern among providers alarmed by her lack of experience.

The Government must act now to prevent the current crisis situation for pensions getting even worse, according to policy adviser Dr Ros Altmann.

Iceland's government has nationalised the country's second largest bank, Landsbanki, which is also a major provider of savings products in the UK.

I was fascinated to read an interview with Amanda Bowe recently, who it has been announced will be leaving the reins of RDR to the "policy makers" at the FSA next Month.

Living Time has launched a series of papers for advisers eyeing the growing opportunities in the retirement income market.

Financial data firm Defaqto has enhanced the product research capabilities and recommendation tools relating its SIPP database.

Pensions minister Mike O'Brien has been moved to the energy and climate change department as part of a cabinet reshuffle that has dealt a fresh blow to UK pensions reform.

Life Trust Insurance is set to launch a product designed to help DB pension schemes mitigate their longevity risk.

The Life Trust Foundation (LTF) has warned the financial services industry and policy makers to act now to protect against the 'pension pinch', as life expectancy increases in the UK.