Retirement

trusts

New work and pensions secretary Peter Hain faces a number of challenges as he steps into John Hutton's shoes following Gordon Brown's cabinet reshuffle.

A HIGH proportion of SIPP providers are failing their clients by refusing to allow them to select their own investment choices, according to specialist supplier of alternative assets investments Hotbed.

OVER half of the IFA community believe conventional annuities do not provide sufficient cover for retirement, according to a new survey.

Greater capital requirements, extra supervision of smaller firms and a time limit on claims against financial firms are the keys to sustaining a healthy distribution sector, according to findings published in the Retail Distribution Review.

Property is the most popular alternative investment for global pension funds, according to research by Watson Wyatt.

Over 50% of advisers think that conventional annuities do not provide sufficient value for a client's retirement, according to Prudential.

A leap in pension contributions since A-Day, has boosted the average size of a full SIPP with specialist providers to £430,000, according to SIPP provider Hornbuckle Mitchell.

Lawrence Churchill has been reappointed chairman of the Pension Protection Fund (PPF) for a further three years.

A rising tide of SIPP business is leaving administrators struggling to cope, according to Suffolk Life's John Moret.