Retirement

Premier Pension Services (PPS) has merged the administration functions of its small self-administered schemes (SSAS) and self-invested personal pensions (SIPPs) following A Day.

A total of 40% of pensioner couples had a private pension income below £1,000 from 2005 to 2006, according to the Office for National Statistics (ONS).

EQUITY release specialist Just Retirement has announced its entry into the 'impaired' annuity market.

THE UK's 'at retirement' market for financial products will more than double within the next five years to £30bn a year, Watson Wyatt predicts.

The at retirement market for financial products will more than double within five years to over £30bn a year, according to actuary Watson Wyatt.

One of the most consistent and scathing criticisms of financial services companies by the media and consumer groups has been over the practice, in some quarters, of tempting new clients with advantageous terms and products that are never offered to existing...

The amount of compensation the Pension Protection Fund (PPF) pays out each month has increased 66% in the past year to £1.4m, according to figures from the fund.

EQUITY release specialist Just Retirement has announced its entry into the 'impaired' annuity market.

The FSA has fined third party administration firm Liberata Financial Services Limited (Liberata) £525,000 for failures in its systems and controls for producing and issuing documents to life and pensions policyholders.

The Tax Incentivised Savings Association (TISA) has appointed John Lawson, head of pensions policy at Standard Life, as chair of its retirement advisory council.