Retirement

Chancellor Alistair Darling should raise the age at which people must buy an annuity or move into an Alternatively Secured Pension (ASP) from 75 to at least 80, says Living Time, a financial services company.

The cost of living for people aged 65 and over is rising faster than the national average, warns Prudential.

I was fortunate last week to be invited to the first day of the test match at Lords.

The Pensions Regulator aims to strengthen defined benefit scheme funding in 2007 and 2008, according to its annual report.

The proposed £8.3bn merger of Resolution and Friends Provident has led to a frenzy of speculation on the motivation behind the deal.

The amount of equity released in the UK via equity release products has risen by a third in the first half of 2007 due to rising house prices, according to the UK Equity Release Market Monitor.

Another White Paper, another Government response. Forgive me for feeling blasé, but pension consultations have become ten-a-penny.

The average IFA plans to retire at 62, according to research from financial services company MetLife.

Gone are the days when mum and dad spent their retirement weeding the allotment and taking one holiday a year.

Canada Life has relaunched its annuity growth account (AGA) seven years after the product hit the market.