Retirement

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.

There is still a shortage of access to high quality financial advice on the equity release market despite increased consumer demand, suggests the organisation backing growth of the sector.

Aegon Scottish Equitable is to expand its property portfolio by adding buy-to-let hotel rooms to its list of investments into self-invested personal pensions.

The government has announced regulations relating to the calculation of transfer values for defined benefit schemes will not come into force until April 2008.

Regulations setting out a scheme specific approach to calculating defined benefit pension transfers will not stop employers offering members ‘encouragements' to transfer out of the scheme.

John Hutton, Secretary of State for Work and Pensions, has effectively quashed suggestions of a u-turn on the removal of the restrictions relating to protected rights.