Retirement

The FSA's consultation paper on the mortgage market review (MMR) does not go far enough to ensure consumers are provided with a full range of equity release options, the Society of Equity Release Advisers (SERA) says.

Pensions minister Steve Webb has announced a DWP experiment in which 2,000 pensioners who have not claimed but are entitled to pension credit will be paid the benefit for 12 weeks.

The implementation of NEST and auto-enrolment in 2012 will drive new business for IFAs in the SME sector, according to Aviva CEO Toby Strauss.

The majority of Britons intend to remain in their current homes for the rest of their lives, according to Friends Provident research.

Approximately 25% of equity release customers could be eligible for enhanced terms and receive an additional £16,000 on a £200,000 property, says More 2 Life.

Around three-quarters of retirees bought financial products via a bank adviser, with only 20% using an IFA, according to AXA's Retirement Scope report.

Fewer than one in five retired people feel it is their responsibility to leave money to their children, according to a study from Friends Provident.

Ken Wrench warns over the inherent danger in the current debate around merging ISAs and pensions within retirement legislation

HMRC must remove its lifetime allowance on pension savings if an annual limit is introduced or risk discouraging retirement saving, Skandia says.

Nearly half of under-50s admit they are not doing enough to prepare financially for their retirement.