Retirement

The cost of buying-out defined benefit pension liabilities has reduced significantly over the last 18 months as the marketplace becomes more competitive, says Paternoster.

Any contribution cap on personal accounts would discourage people from saving for retirement, claims Which?

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Almost two-thirds of women are failing to contribute to a pension, which suggests they need to think more widely about additional ways to fund their retirement, such as property and benefits, claims Prudential.

More than 50% of advisers are confused about the effects of recent SIPP regulation, claims Merchant Investors.

THE recent strength of the UK equity market has allowed some of the biggest pension schemes in the country to slash their deficits.

A simple solution to allow Group Personal Pensions to gain exemption from personal accounts without breaching the EU Distance Marketing Directive already exists in the industry, claims Aegon.

Scottish Life pensions guru Steve Bee has described the government's response to a petition calling for a reassessment of personal accounts as "disappointing".

HM Treasury has "shot itself in the foot" by refusing to reconsider the borrowing rules introduced on A-Day for buying commercial property through SIPPs, claims Hornbuckle Mitchell.

Cofunds is calling on the industry and the FSA to cut the delay in transfers between pension products.