pensions

Two thirds of UK adults do not trust the government's pension reform and almost half are less confident in saving for retirement than they were five years ago, according to research from MetLife.

One in three workers feel pension education should be taught in schools, as over 90% believe pensions should be made easier to understand.

Over the past 15 years adult children have drained their parents of around £55bn in savings, claims Scottish Widows.

Investment experts fear a further week of stock market turbulence will spell ruin for the 2006-07 equity Isa season by causing retail investors to run scared from the tax shelters, reports the Times .

The Pension Protection fund has confirmed the levy estimate for the year 2007/08 will be £675m.

Recent volatility in global stock markets, which has seen the FTSE 100 fall 4.4% in three days, has caused UK pension deficits to rise by £11bn, claims Aon Consulting.

People in the UK are more likely to start saving for a pension before buying a property, claims Axa.

The pensions industry has fabulous timing. Just when you think everything's slowing down and you can spend an extra 10 minutes trying to crack that sudoku puzzle, somebody somewhere manages to find something new to pick apart.

The decision by the Financial Services Authority to keep the RU64 rule in place is "quite immaterial" for the majority of IFAs, says Aifa.

Pensioners are being warned retiring abroad to countries such as Spain will not necessarily mean they will avoid the UK's Inheritance Tax regime, according to Bank of Scotland International.