Five retirement stories you might have missed

The growing number of workers who are self-employed could hamper attempts to get more people saving into a pension scheme,a think tank says. The 55% tax charge payable on pensions at death is too high and should be brought into line with the inheritance tax (IHT) regime, Standard Life urges. The Financial Services Consumer Panel (FSCP) has urged schemes to develop in-house income drawdown propositions rather than forcing members into the retail market. Standard Life has said its annuity business has fallen by 50% following changes to the rules around retirement announced in last mo...