Retirement

It's shaping up to be an autumn crammed full of government announcements on pensions reform, including personal accounts.

Funding targets for pension schemes will increase by around 10%, despite the pension deficits of FTSE 100 companies falling £8bn over the last month.

Pensions are the "single biggest policy failure" of Gordon Brown, with lower paid workers not in defined benefit schemes suffering the most, claims the Conservatives.

The government's response to the Public Administration Select Committee has been described as an "outrage" and "shameful" by an independent consultant.

The government has continued to deny accusations of maladministration in its response to a report by the Public Administration Select Committee.

Frank Field MP has welcomed comments made by the governor of the Bank of England suggesting pensions should be overseen by an institution similar to Monetary Policy Committee.

THE MD of a SIPP firm has hit out at the FSA for imposing rules which could deal a killer blow to smaller providers.

MORE than 90pc of IFAs have got to grips with the recent changes made to IHT legislation, according to a survey.

IFAs have been warned by Rowanmoor Pensions to be careful when advising their clients to take income drawdown.

ONLY half the working population believe formal pension schemes will be their main source of income when they retire, according to a new survey.