Retirement

People in the UK are more likely to start saving for a pension before buying a property, claims Axa.

The cost of including good financial advice in personal accounts would be offset by an improvement in investment returns, claims Skandia.

The pensions industry has fabulous timing. Just when you think everything's slowing down and you can spend an extra 10 minutes trying to crack that sudoku puzzle, somebody somewhere manages to find something new to pick apart.

The Financial Services Authority's decision to keep the RU64 rule could actually lead to mis-selling rather than preventing it, ahead of the introduction of personal accounts, claims EveryInvestor.

The decision by the Financial Services Authority to keep the RU64 rule in place is "quite immaterial" for the majority of IFAs, says Aifa.

Pensioners are being warned retiring abroad to countries such as Spain will not necessarily mean they will avoid the UK's Inheritance Tax regime, according to Bank of Scotland International.

The days are long gone when pensions ‘simplification' corresponded to any dictionary definition of the word. A laudable effort to make pensions easier to understand is bogged down in complexity that most people find utterly baffling.

The Financial Services Authority's decision to keep in place rule RU64 has prompted a mixed response from advisers.

The Financial Services Authority board has confirmed it is going to keep in place the rule known as RU64.

Personal accounts will go ahead with means-testing in place as there is no viable alternative, claims the government.