Retirement

Scottish Widows has decided to remove a number of funds from its life and pensions fund range after a review of its external fund links.

Xafinity, the employee benefits consulting and pensions administration has bought SIPP and pension administration provider Hazell Carr for an undisclosed sum.

Just Retirement has entered the enhanced annuity market with a product that gives most applicants a quote within 24 hours.

Decumulation - or pension harvesting - seems to be this season's most fashionable pensions topic.

A total of 15% of households earning £30,000 a year have had to take on a second job because of the credit crunch, according to a survey by AXA.

Professional Pensions today launches its revamped website after extensive consultation with the pensions industry.

The Government must do more to tackle the problem of means-tested benefits in retirement as it prepares to introduce personal accounts in 2012, urges financial benefits provider B&CE.

MetLife has appointed Ed Gardner as chief executive officer (CEO) of its UK branch and Dominic Grinstead as strategic development and marketing director to grow the business.

FTSE 100 pension schemes reached their biggest surplus in six years last month after rising to £40bn, according to actuary Watson Wyatt.

Voluntary pension contributions have almost halved in the past 12 months, according to research from Prudential.