Retirement

Campaign

Outlook 2008

Protected rights are just one of several catalysts for growth in the SIPP market, says John Moret

Volatile market conditions mean consumers are increasingly looking to safeguard their retirement income. However, Simon O'Connor points out there are ways to benefit from investment gains while guaranteeing income

Friends Provident has not ruled out putting itself up for sale following a strategic review.

Pension campaigners had reason to celebrate at the end of this year as the Government gave a £12.5bn pledge to 140,000 people who lost their savings in occupational pension schemes.

Fewer than 2% of companies measure the return they achieve on their pensions in terms of improved employee and corporate performance, according to research by consultancy Alexander Forbes Financial Services.

LV=, the insurance and investment group, has exercised its option agreement for retirement business Tomorrow and will complete the acquisition by December 31.

The Government has pledged £12.5bn for up to 140,000 people who lost savings when their employer-sponsored pension schemes collapsed.

A-Day changes have led to an increase in SIPP business, according to research by Fidelity FundsNetwork.