Retirement

Although pension deficits have now decreased to £26bn, the accounting measurement Financial Reporting Standard 17 (FRS17) is hiding the underlying volatility of scheme deficits, claims Aon Consulting.

Annuity rates have fallen significantly over the last five years, making it even more important individuals make good use of the Open Market Option.

regulation

The government has an obligation to "devise and implement" a scheme to compensate Equitable Life policyholders, claims the EU Committee investigating the collapse of the insurer.

John Hutton, the Secretary of State for Work and Pensions, has confirmed the decision to extend the funding for the Financial Assistance Scheme was a result of the rulings in two recent court cases brought against the government.

Enhancements to pension transfer values is a practice which has been warned against by the industry for a while, but have recent decisions by government bodies and departments to crack down on the practice actually killed it off?

ADVISERS have been left high and dry by the FSA's u-turn on plans to scrap RU64, according to Merchant Investors.

ADVISERS should consider using more sophisticated combinations of annuities, drawdown products and phased retirement plans, according to Fidelity International.

NORWICH Union has launched a new pension service promise in an effort to deliver high service levels for IFAs and their clients.

A national system of generic advice could cost just £50m, less than half the estimated figure published in a Select Committee report, claims the Resolution Foundation.