Retirement

The Treasury Select Committee has said it is vital for highly leveraged companies to have secure funding for their pension funds, in an interim report on the private equity industry published today.

The Pensions Act 2007 achieved Royal Assent yesterday paving the way for a rise in the age pensioners can claim a basic state pension to 68 by 2046.

Standard Life could introduce a ‘5 for life' product if Government legislation on the maximum payment from income drawdown plans changes.

Norwich Union has welcomed the latest equity release figures released by Safe Home Income Plans (SHIP) and says the results highlight efforts by SHIP members to improve their consumer offering.

The Pensions Protection Fund has today launched a leaflet to help people who lost their pensions when their employers became insolvent and who are currently being assessed by the PPF scheme.

The FSA says it has found senior management often presents a "risk" to a firm's bid to meet its treating customers fairly (TCF) principles.

Specialist UK life assurance group, Just Retirement, has announced that sales in the past twelve months have risen 127% on the previous financial year.

Mike O'Brien, minister for pensions reform, welcomes the Department of Work and Pensions' (DWP) Deregulatory Review of Private Pensions, published today.

Financial advisers are underestimating the number of clients that qualify for enhanced annuities, according to retirement specialist, Tomorrow.

A former director of Natwest and executive director of Gartmore will head up the independent team charged with rolling out personal accounts.