Retirement

Just Retirement's annuity sales have risen 118% in the past year to £551.6m up from £252.6m the previous year, according to the group's interim results.

One in four people aged 55 and over say they will retire later than the current state retirement age, according to research by Scottish Widows.

FIDELITY International has introduced an IFA referral process for its direct business clients who are interested in investing in its new Personal Pension and have sufficiently complex advice requirements.

There is a huge demand among IFAs and their clients for protected rights to be included in SIPPs, according to Premier Pension Services (PPS).

Resolution's life division reached operating profit of £356m, compared to £150m in the same period last year.

Almost a fifth of parents make sacrifices to their own or their partner's pensions to fund their child's private education, according to research from JPMorgan Asset Management.

Fidelity's direct arm will refer its new Personal Pension clients to local IFAs when their needs are complex enough to require advice, the group announced today.

Nearly a fifth of employees in smaller firms do not contribute to a pension despite the fact almost a third of employers contribute over 6% of salary, according to research by Barclays Financial Planning (BFP).

The lack of FSA regulation in the small self-administered scheme (SSAS) market leaves IFAs open to criticism for client neglect, according to Premier Pension Services (PPS).

Axa has changed its with-profits bonus rates for customers investing in the AXA Sun Life Assurance Society (ASL) With Profits fund.