NAPF

The cost to small employers of setting up advisory services to help staff choose an appropriate annuity, as well as the lower profits available to advisers on small pots, are preventing employees from getting the best deal, the National Association of...

The Financial Conduct Authority (FCA) will begin requesting data from annuity providers as part of its on-going investigation into the market.

Employers and trustees are failing to provide support for scheme members to choose retirement products, the National Association of Pension Funds (NAPF) says.

DODGY CALL

Bringing forward the end of pension scheme contracting-out by 12 months was not motivated by the expected £5.5bn bump to government coffers, economic secretary to the Treasury Sajid Javid has said.

Retirement Planner's round-up of the top pension stories this week.

Half of 25-34-year-olds plan to increase the amount they save into a pension this year, according to research from the National Association of Pension Funds.

Chancellor George Osborne is to bring forward the introduction of the flat-rate state pension and the cap on social care by a year.

The National Association of Pension Funds (NAPF) and Wheels Common Investment Fund (WCIF) have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit pension schemes.

Some employers are fretful about discussing automatic enrolment with their employees for fear of straying into "heavily regulated" financial advice, a study suggests.