Pension

Over half of IFAs deal with two or more SIPP providers for expertise, according to research from Splice Consulting.

Pensioners' incomes have grown faster since 1999 than those of working age people, the Institute for Fiscal Studies (IFS) has said.

MPs should ditch their gold-plated pension arrangements and move to a defined contribution (DC) scheme, Saga director-general Ros Altmann says.

Shadow pensions minister Gregg McClymont has questioned what the government's drive for ‘defined ambition' pensions "actually means".

The advice community has had more than 12 months to grapple with new flexible drawdown rules. But will uptake surge?

FIVE THINGS

The industry has five years to undertake "radical reform" or face heavy-handed government intervention, a researcher warns.

Just Retirement has urged property-owning pensioners to check their eligibility for state benefits as many are missing out on hundreds of pounds a year in extra income.

The British Medical Association (BMA) has voted in favour of industrial action in protest against reforms to the NHS pension scheme.

An unregulated property investment company has retracted claims its investments were approved by the Financial Services Authority (FSA) and HM Revenue & Customs (HMRC) to be purchased with a pension.