Retirement

Almost 90% of IFAs believe there needs to be product innovation in the retirement planning market to take into account increasing longevity, claims Lincoln Financial.

It has irritated me for many months that people decide they will smoke outside my office in the covered area to hide from the rain. I do hope this will stop from the 1st July when the new law comes in.

The Public Administration Select Committee has further boosted the campaign to compensate 125,000 workers who lost their pensions when their schemes wound up, by stating recent government concessions "have not gone far enough".

At least 30% of defined benefit occupational pension schemes are prepared to risk ‘triggering' regulatory follow-up by setting funding targets below the levels set by the Pensions Regulator.

Nearly two-thirds of advisers have seen an increase in Self Invested Personal Pension business since A-Day, claims Alliance Trust Savings.

THE Bank of Scotland Annuity Service has estimated four out of ten people who are about to retire could be eligible to receive a bigger pension by considering an impaired life or enhanced rate annuity.

James Purnell, Minister for Pensions Reform, has hinted the government's response to the personal accounts white paper will reject the idea of including any additional benefits or "bells and whistles" to the scheme, such as death benefits, or early drawdown....

Cross party consensus has been achieved on the principle of personal accounts, but discussions are still ongoing about the details of the new system, says George Osborne.

Wholly and exclusively. Sounds more like part of a marriage pledge than something to do with pensions tax relief. Yet these three words have already created more heartache than a thousand divorces.

Progress from Royal Liver has launched a website to help adviser firms adopt the principles of TCF.