Someone earning the average wage of £26,500 and contributing 8% of their salary under auto-enrolment will need to work until the age of 80 to maintain that income in retirement if they take their 25% tax-free lump sum, according to research by self-invested...
Legal & General has become the latest provider to report a marked increase in the number of transfer requests to suspected pension liberation schemes.
Pensioners' incomes have grown quicker than all other age groups over the last three decades, research has found.
The shift towards fees brought about by the Retail Distribution Review (RDR) could lead to a reduction in pension scheme member engagement, according to Capita's head of DC Paul Sturgess.
Annuity rates have declined by 29% since the introduction of the Bank of England's quantitative easing programme, AXA Life Europe has found.
In this week's quick fire poll we ask: Should the pensions market move towards offering fewer, large scale products to employers?
Retirement Planner's round-up of the top pension stories this week.
One worker in five is putting nothing aside for retirement, a report warns. A further third of Britons are not saving enough to avoid a dramatic fall in living standards in old age.
Pension schemes have avoided being forced to find £450bn worth of extra cash after the European Commission scrapped its Solvency II plans today.
A former IFA has lost his challenge to overturn the Financial Ombudsman's ruling that he had given a client unsuitable pension advice, which ordered him to pay almost £50,000 in compensation.