Retirement

Reliance Mutual Insurance Society will finally complete the acquisition of 25,000 Family Investments pension policies after four years.

NEARLY one in three (29pc) IFAs expects to see clients saving less into their pensions this year as stock market volatility and the credit crunch hit home, according to research from MetLife.

The Investment Management Association (IMA) has put its weight behind an AMC for personal accounts, despite recent research from the Personal Accounts Delivery Authority showing consumers thought the structure would be unfair.

Suffolk Life says new applications for SIPPs have grown 10% in the first three months of the year.

Axa has launched a scheme to allow investors to buy hotel rooms as part of its SIPP.

Nearly a third of IFAs expect clients to be saving less into their pensions with an average reduction of around 21%, new research from MetLife Europe reveals.

Rowanmoor Pensions has appointed Mark Randell as a non-regulated senior consultant within the southern consultancy team.

A total of 80% of trustees predict their defined benefit (DB) pension schemes will still exist in 10 years, according to Aon Consulting.

A little-known standard for UK adviser firms automatically embeds the FSA's treating customers fairly (TCF) principles, the firm behind it claims.

Suffolk Life saw requests to transfer properties into SIPPs increase seven times to 35 in the week before the capital gains tax (CGT) rate change this month.