Retirement

Prudential has launched a new lower cost FundSIPP option which will give direct access to 1,1000 funds through supermarket Cofunds.

The European Commission has confirmed that automatic enrolment into contract-based pension schemes - such as Group Personal Pensions - from 2012 is consistent with EU law.

The Pensions Regulator is placing "unnecessary pressure" on defined benefit pension schemes by suggesting it would use long cohort mortality projections for future regulatory scrutiny, according to the National Association of Pension Funds (NAPF).

The FSA has called on life offices to ensure their risk management procedures are up to scratch in what it calls a "rapidly changing business environment".

Around 85% of single life level annuity customers receive a rate that is at least 95% of the highest rate available, according to new research from the ABI.

FSA chief executive Hector Sants is today accused of making "completely contradictory" statements on the issue of dual pricing in an open letter from mortgage adviser Stuart Duncan.

Aegon aims to highlight the opportunities for advisers in the "changing pensions landscape" at a series of roadshows.

THE Hartford has announced several enhancements to its personal pension offerings, aimed at providing customers with greater investment choice and portfolio flexibility.

Aegon Scottish Equitable has increased the guaranteed rate period from 14 to 21 days on all its annuity quotes.

One of the biggest risks a defined contribution member faces is choosing the right way to take their retirement income.