Retirement

The FSA has reminded firms of the complexity of DB pension transfer decisions for consumers, following evidence the number of direct transfers made without advice is increasing.

Nearly half of homeowners are less confident about using equity from their home to supplement their pension, according to MetLife Europe.

Defaqto has upgraded its IFA research tools to provide improved functionality for post-retirement product queries.

Pension scheme members with AXA will have their contributions automatically increased in a bid to remedy a lack of engagement with their policies.

A large proportion of communication with existing and potential DC pension scheme members is failing, largely because it is mis-targeted, according to BlackRock.

Poor paying SIPP cash accounts could be costing consumers around £580m per year, James Hay calculates.

AWD Chase de Vere has teamed up with Lincoln Financial Group, selecting the Lincoln i2Live annuity for its new investment annuity panel.

A decision by The Pensions Regulator (TPR) to avoid retrospectively changing pension scheme valuations based on longevity improvements has been welcomed.

Many pensioners are going on a spending binge in their first year of retirement causing severe financial hardship in later years, according to Prudential.

Friends Provident is urging consumers to look to more traditional pension savings to fund their retirement, rather than relying on property.