Five stories you might have missed

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In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Pensions minister Steve Webb announced that short service refunds are to be banned from October 2015. Money purchase occupational pension schemes currently make about 20,000 short service refunds every year, a figure which it expects will grow with the continuing roll-out of automatic enrolment.   TPAS chief executive Michelle Cracknell said it was critical take-up rates of the guidance guarantee increase over the next five years. Take-up rates have been projected at 25% of all retirees when the service launches in April next year. However, Cracknell explained people retiring ...

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