Retirement

The Association of British Insurers (ABI) and the Investment Management Association (IMA) have written to the Government asking for clarification on personal accounts limits in the Pensions Bill.

Unit-linked guarantees are set to expand rapidly in the pensions market, according to MetLife.

LV= has agreed to pay all annuity pension planners their tax-free cash within five working days of receiving all funds and/or documentation or pay £1,000 in compensation.

More than three quarters of company and private pension holders withdraw an average of £24,154 to either give away or spend on luxuries, according to Prudential.

Changing demographics of the ageing population combined with a lack of government funding for long-term residential care are fuelling the impaired life insurance market, according to a partner at Clyde & Co.

For the last twelve months, the future for group personal pensions and group stakeholder plans hasn't looked too healthy.

IFAs are the main port of call for those taking out a private pension, according to Unbiased.co.uk.

MetLife Europe has launched a "unique" personal pension product that offers both capital and income guarantees.

Norwich Union has reduced the fund and transfer values on all its conventional with-profits funds by up to 9%, it has been revealed.

Pensioners that receive independent advice on their retirement fare considerably better than those who do not, according to MGM Advantage.