uncategorised

The Treasury has rejected early access to pensions as a means of closing the retirement savings gap.

Six public sector organisations have applied for a High Court judicial review of the government's decision to link increases in public sector pensions to the consumer prices index (CPI).

Advisers must ensure clients are not caught out by little-known flexible drawdown rules this year, SIPP provider Talbot and Muir warns.

Poor inheritance tax planning is expected to cost British taxpayers £1.3bn this year, research suggests.

Just 2% of retirees in the UK will have enough money to meet the government's new minimum income requirement (MIR) and use flexible drawdown arrangements, research suggests.

Pensions minister outlines his plans

Pension experts warn investors could be stuck in poorly performing plans, as transfering out could lead to a loss of income following changes to drawdown rules.

Consumer demand for pensions has grown by a third since August 2010, research says.

The proposed changes to pension input periods (PIPs) are "appallingly drafted" and will lead to further confusion over pension tax, experts have warned.

The value of Just Retirement's new annuity business grew by £29.3m to £378.6m in the six months to 31 December 2010.