pensions

Nearly two-thirds of advisers have seen an increase in Self Invested Personal Pension business since A-Day, claims Alliance Trust Savings.

Wholly and exclusively. Sounds more like part of a marriage pledge than something to do with pensions tax relief. Yet these three words have already created more heartache than a thousand divorces.

Aegon has increased the value of new business by 77% in the first quarter of 2007, with life and pensions new business growing 37% to £297m API.

The Consumer Panel has hit out at the regulator for not demanding firms directly contact up to 120,000 people potentially mis-sold in contracting out of the State Second Pension (SERPS/S2P).

April saw a 3% increase in the number of people wanting to save money rather than spend it, according to the latest ‘ MoneyMood ' survey from Legal & General.

Apathy about retirement is driving nearly two-thirds of workers to support auto-enrolment into pension schemes, claims new research from B&CE Benefit Schemes.

Life and pensions sales for Standard Life have risen over 50% in the first three months of 2007, driven by strong growth in Self Invested Personal Pensions, although figures reveal protection sales have fallen 44% year-on-year.

A piece of European legislation is posing a big headache for government and industry in working through the intricacies of pensions reform policy.

A completely independent body needs to be set up to offer generic financial advice, according to the Pensions Policy Institute.

Around 70% of advisers believe clients will have to learn to accept higher levels of risk when planning for retirement, claims Lincoln Financial Group.