Retirement

Protection advice drove only 4% of people who sought out an IFA last year, according to results from Unbiased.

Intelligent Pensions (IP) is offering non-advisory ‘lay advocate' roles to IFAs considering exiting the industry due to the pressure of the RDR.

Inheritance Tax (IHT) is unpopular and ineffective and should be replaced with a new capital receipts tax, the Institute for Public Policy Research (IPPR) says.

The number of bankrupt over-65s has increased six times in the past ten years, the Insolvency Service says.

The DWP will look into improving annuity rates for people with pension pots of under £5,000, pensions minister Steve Webb says.

Almost 20% of people do not believe pensions are a safe investment although more than half say they are 'vital' for retirement, research by Defaqto suggests.

The default retirement age (DRA) must be abolished without delay to avoid a negative impact on the economy as a whole, according to Ros Altmann, director general of Saga.

Martin Bamford of Informed Choice examines the case for delaying the scrapping of the default retirement age (DRA) for another year.

Shadow pensions minister Rachel Reeves yesterday challenged Steve Webb over the elimination of conflicts of interest for NEST asset managers.

Aegon global chief executive Alex Wynaendts has unveiled plans for the life company to restructure and secure a stronger share of the Asian and US life and protection markets.