Retirement

An ITV1 programme being aired tonight about the decline of large defined benefit pension schemes warns at least 80% of the population should be worried about how they will survive in retirement.

The European Court of Justice has ruled the protection offered by the government to pension members when companies collapse is "incompatible" with EU law, and has sent the case back to the High Court for review.

HM Revenue & Customs has announced both income tax and National Insurance contributions will apply to inducements offered to employees to encourage them to transfer out of a defined benefit occupational pension scheme.

Advisers should be aware consolidating occupational schemes into another personal pension contract could lead to a loss of tax-free cash for their clients, says Standard Life.

It's not even at the end of January yet, and instead of easing us back into things at a nice easy pace the government is cracking the whip on pensions.

The Pensions Regulator has issued a warning and issued new guidance against the use of inducements in transferring scheme members out of DB schemes.

Self-invested personal pensions are at risk of being mis-sold at both ends of the market by '"ill-equipped" advisers, warns SG Wealth Management.

HM Revenue & Customs has admitted some of the schemes listed on its site as recognised cross-border pension schemes may still not allow transfers from the UK.

The number of women turning their back on pensions has increased over the last year with half a million more planning to rely on their husband's pension pot in retirement, claims Investec Private Bank.

Government pension policy for the over-75s could turn people away from saving in pensions, warns Alliance Trust.