Retirement

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.

At least one large company with a defined benefit scheme is considering reopening the pension but on a risk-sharing basis, claims the Pensions Regulator.

Time is a strange construct; sometimes it seems to go ever so slowly and other times far too fast. In the world of pensions, this is further confused by the fact that a year does not always last 365 days.

The Pensions Regulator is planning to issue a series of questions which trustees should ask advisers to determine the suitability of advice and how to manage conflicts of interest.

James Purnell, Minister for Pensions Reform, has announced further details of the funding review which will look at ways to increase the assistance given to workers who lost their pensions when schemes closed under-funded.

Legal & General has lost its finance director of UK operations to bulk annuity rival Synesis Life.

Changes announced in the Budget mean the State Second Pension may not become flat-rate until 2035, four years later than planned, claims the Pensions Management Institute.

A vocational qualification for administrators of Self Invested Personal Pensions (Sipps) and Small Self Administered Schemes (Ssas) has been launched by the Pensions Management Institute.