Retirement

Just Retirement has branded Legal & General and Hargreaves Lansdown's scheme to use postcodes to determine annuity payouts 'crude'.

Retired homeowners are making a total of £151m every day due to house price inflation, according to research from Prudential.

London & Colonial, the insurer, has launched its second open annuity product.

The growing aversion to annuities as a source of retirement income may put people at risk of running out of pension savings, warns a panel of pension experts.

Defined contribution (DC) pension scheme members could be missing out on up to 70% additional retirement income because of inefficiently run schemes, according to a survey.

Like many people I have just got back from a couple of weeks holiday.

HM Revenue and Customs has created new draft regulations to extend protection for people with tax-free cash entitlements of more than 25% of their fund.

Just over three quarters of potential UK investors (18.75 million) are not benefiting from tax relief on a personal pension which could boost their savings by £5.5bn per annum.

Industry experts fear salary sacrifice schemes could be scrapped as ministers try to bolster national insurance revenue, reports IFAonline's sister title Professional Pensions .

The new rules brought in from A-Day now allow most savers to invest 100% of their earnings into a pension plan and make it possible for them to claim tax relief on the whole amount.