pensions

Most young people believe investments and pensions are not relevant to their own financial position, and are instead aimed at "older people" according to research conducted by the FSA.

Proposals set out in the Pensions Bill could see IFAs having to advise their clients to leave their occupational pension schemes, despite that being exactly what happened during the last pension mis-selling scandal, warns an industry expert.

The government should provide all British citizens with a basic state pension regardless if they have worked or not, says the National Consumer Council.

The Inland Revenue should change its latest proposals on death benefits, urges the Society of Financial Advisers, as the rules are both unequal in their treatment of different pension types as well as "too complex".

IFAs could tap into a £11bn market if they would advice their drawdown clients in older style contracts to transfer to a new provider, says Scottish Equitable.

In the last week, the financial advice sector has seen several key proposals for regulatory reform which will substantially alter their business over the next 18 months.

Many people saving for their retirement will not be any better off, warns the Pensions Policy Institute, as the money they have managed to tuck away will simply replace state benefits that would otherwise have been payable.

The government's Pensions Bill will NOT solve the current savings gap unless the final draft includes radical changes to Britain's entire pensions framework, warns the National Consumer Council.

Size of the lump sum gained when deferring state pensions will NOT be as big as initially proposed in the Pensions Bill published two weeks ago, reveals the latest announcement from the Department for Work and Pensions.

Consumer confidence in the UK financial services industry may not be moving as quickly as anticipated, according to new business figures from the Association of British Insurers.