Retirement

Canada Life has appointed Steve White and Dave McGovern as sales directors in its distribution division.

Friends Provident has launched a system to improve client data management for IFAs.

Defined benefit (DB) pension funds fell to their first deficit in a year last month, dropping to £5bn in the red, according to the Pension Protection Fund (PPF).

The Government has issued a consultation paper that would allow savers to self-invest protected rights funds.

The Government should follow A-Day pension simplification with an ‘R-Day', or Retirement Day, rethink to encourage finding the best value for money from accumulated pension pots, according to pensions provider Living Time.

TWO out of three people are not looking into financial plans for retirement until after their 50s, according to new research by Skandia.

AXA will pilot its Enhanced Annuity proposition with specialist IFA firm Hargreaves Lansdown, it has announced.

Personal accounts should not allow pension savers to fill gaps in their pensions by moving unlimited lump sums into the scheme, the Association of British Insurers (ABI) says.

Pensions reform will change our world for ever. From 2012, all employers will have to auto-enrol the vast majority of their employees into a pension scheme and pay a pension contribution in respect of them.

Scottish Widows says the Government must ensure it makes exemption rules for existing pension schemes clear and simple to operate.