pensions

The Conservative Party has confirmed it will not scrap personal accounts should it win next year's general election.

IFAs shunned commercial property facilities when choosing SIPPs during 2008 with their major priority being FSA approval for the products, according to figures from Defaqto.

The number of whistleblowers' breach of law reports rose to 532 in 2008/9 up from 513 the previous year, according to The Pensions Regulator(TPR).

Product providers and financial advisers will be presented with considerable opportunities from the ‘at-retirement' market in the next five years, Watson Wyatt predicts.

Many consumers are unaware they can combine their pension pots, despite saying they would invest more if they could view their investments in one place.

Auto-enrolment could lead to 200,000 job losses at smaller firms as labour costs will increase by around 2%, academic research predicts.

Legal & General is to start selling enhanced annuities directly to consumers, bypassing IFAs, via its Annuity Solutions brand.

Retirement savers in the UK are missing out on an extra £720m in tax relief by not making additional pension contributions.

James Purnell, the work and pensions secretary, has resigned from the cabinet and has told Prime Minister Gordon Brown to 'stand aside'.

A decision by Barclays to close its final salary pension scheme to future accruals as part of a review of its pension arrangements has called into question the future of defined benefit (DB) plans.