Retirement

Contracting-out for defined contribution (DC) schemes will be abolished although the Bill does not give a specific date for this to happen.

The table confirming the shift to a higher state pension age has been published in today's Pensions Bill.

The Secretary of State for Work and Pension will have the authority to wind up the 'Personal Accounts Delivery Authority' if he considers it to be no longer necessary.

The first Pensions Bill dealing with the reforms set out in the May white paper has been published.

The majority of pension savers prefer the flexibility of staying contracted-out, even though contracting-in is more likely to maximise their savings, claims Legal & General.

GOVERNMENT plans to establish a delivery authority for implementing personal accounts could leave some savers worse off in retirement, pension providers are warning.

Suffolk Life is warning the pensions industry not to underestimate the impact of regulation for Self Invested Personal Pensions.

Government proposals to further simplify the State Second Pension could still mean it won't become flat-rate for all individuals until 2031, claims the Pensions Policy Institute.

Scottish Life is adding a self-invested personal pension product to its range of individual pensions as part of its rebranding exercise.

I have rarely seen a subject matter that polarises the adviser community so much as equity release. Love or hate, black or white - there is little sitting on the fence or shades of grey.