Retirement

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.

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.