Retirement

UK pension schemes have lost all the gains made in 2007 following global market falls, according to employee benefits consultancy Aon Consulting.

Just Retirement has introduced age-banded rates to its equity release product, Roll Up Lifetime Mortgage.

Pension providers must improve service to customers taking out annuities, says a Prudential-hosted panel.

Gordon Brown has backed recommendations for MPs to surrender their ‘gold-plated' pensions.

RESEARCH from Investment Life & Pensions Moneyfacts has revealed 2007 as a disappointing year for pension savers, with pension fund returns at hitting their lowest level for five years.

The final deadlines for implementation of TCF come into force this year. David Burrows looks at the current state of play and the practical implications for product providers...

Gordon Brown has called Secretary of State for Work and Pensions Peter Hain's failure to report £103,000 in donations "incompetence".

The defined benefit (DB) pension scheme deficit worsened £14.4bn to minus £19.6bn last month, according to figures from the Pension Protection Fund (PPF).

HORNBUCKLE Mitchell has launched a Flexible Income Pension Plan (FIPP) giving retirees taking pension benefits through income drawdown the ability to tailor them more closely to their own circumstances.

The Pensions Bill's failure to safeguard existing good pension schemes represents a distraction from personal accounts' core function and target market, says the Association of British Insurers (ABI).