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The auto-enrolment review has proposed radically simplifying the certification process for existing workplace schemes.

Automatic enrolment into workplace pension schemes will only apply when a person earns more than £7,475 per year, a government review has concluded.

Pensions minister Steve Webb has admitted over 500,000 women would be excluded from NEST under plans to raise the earnings threshold for inclusion from £5,035 to £7,500.

Fixed-term annuity provider Living Time has boosted its online tools for IFAs as part of its campaign to promote more flexibility within the annuity market.

The value of the equity release market increase by 4% over Q3 from £196.7m to £205m, according to the latest figures from Safe Home Income Plans (SHIP).

Over 100,000 civil servants will qualify for retirement aged 50 on final salary pensions as part of the coalition's cuts to public sector jobs.

The state pension could be lifted to a £140 per week payment with no means testing, according to new proposals.

Commercial secretary Lord Sassoon has been told to take steps to improve consumer access to the open market option (OMO) and intervene on poor annuity rates.

Iain Duncan Smith caused a mini-storm last night after saying the unemployed should "get on a bus" to find a job.

Around three-quarters of retirees bought financial products via a bank adviser, with only 20% using an IFA, according to AXA's Retirement Scope report.