Retirement

While TIPs undoubtedly have their benefits it will be a difficult road ahead if they are to grow in popularity says Justin Modray

Up until now the impact of inflation on retirement saving has been largely ignored. However, for those pensioners on low, fixed incomes it is a very real threat says Aston Goodey

Suffolk Life has questioned whether the regulation of Self Invested Personal Pensions put in place by the Financial Services Authority earlier this month will achieve all its aims.

ADVISERS believe more could still be done to raise awareness of SIPPs, despite their recent rise in popularity.

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Scottish Life new pensions business has fallen 9% in the first quarter of the year compared to the same period in 2006, following a slump in the group pensions sector.

Around £2bn is invested in occupational pension schemes which may not be suitable for the customer, Clerical Medical estimates.

Around 15,000 women will fail to qualify for entitlement to the basic state pension, despite earning enough money from multiple jobs to put them above the Lower Earnings Limit, claims the Department for Work and Pensions.

FIDELITY has issued a major challenge to UK pension providers with the launch of seven retirement funds giving access to the firm's UK range and a number of ways of taking income in retirement.