Retirement

A three-month extension has been granted to the EU Committee investigating the collapse of Equitable Life.

A relative of mine recently recarpeted her hallway. She's a single mum so funds are tight, and she asked a friend in the trade how much it might cost. He looked at the hallway and suggested it should be no more than £500.

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.