pensions

Another bank holiday gave me yet another chance to sample the delights that UK airports have to offer. This time the travel was for ‘pleasure' and I at least had the company of family and friends to sweeten the pill.

More needs to be done to increase adviser understanding of third way pensions or growth in this area in the UK will be limited, according to new research by consultancy Rayner Spencer Mills (RSM).

The number of pensioners living in poverty is increasing, according to new figures from the DWP.

The total deficit of defined benefit (DB) pension schemes listed on the Pension Protection Fund's 7800 Index fell by nearly £10bn in May, up from £55.5bn in April to £45.7bn.

Otto Thoresen's pilots for his new Money Guidance Service could be ideal as a testing ground for generic advice for the annuity open market option (OMO), according to pensions expert Dr Ros Altmann.

Scottish Widows could be hit with a compensation claim which could cost it up to £1bn, following accusations it gave negligent advice to around a hundred final salary pension schemes.

Pension Insurance Corporation has launched a new insurance product to protect defined benefit pension funds and their sponsors against the cost of pensioners living longer than expected.

Around 85% of single life level annuity customers receive a rate that is at least 95% of the highest rate available, according to new research from the ABI.

Aegon aims to highlight the opportunities for advisers in the "changing pensions landscape" at a series of roadshows.

Norwich Union was forced to suspend 380,000 personal pension transfers two weeks ago, with 15% of these policies still suspended, following problems migrating to a new computer system.