Retirement

Two thirds of UK adults do not trust the government's pension reform and almost half are less confident in saving for retirement than they were five years ago, according to research from MetLife.

One in three workers feel pension education should be taught in schools, as over 90% believe pensions should be made easier to understand.

The Pension Protection fund has confirmed the levy estimate for the year 2007/08 will be £675m.

Three former directors and actuaries of Equitable Life have avoided any financial penalties despite being found guilty of misconduct by the Institute of Actuaries.

An increase in new individual pensions business of 122% during 2006 is the result of having its A-Day product and IT platform ready on time, says Winterthur Life.

Recent volatility in global stock markets, which has seen the FTSE 100 fall 4.4% in three days, has caused UK pension deficits to rise by £11bn, claims Aon Consulting.

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.