pensions

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.

The Personal Accounts Delivery Authority (PADA) has released a shortlist of administration firms it is considering for the contract to manage the new pension plans.

Friends Provident's sales of life and pensions products fell 40% over the past year, though the firm insists it is on course with its strategic aims.

Norwich Union saw UK life and pensions sales tumble by 12% during the first quarter of 2009, it has revealed today.