Retirement

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.

Around a third of people see equity release as an important part of their retirement planning, but are not willing to pay fees for advice on it, according to the Equity Release Solicitors' Alliance (ERSA).

Pensions minister Steve Webb has been forced to explain how he assessed housing costs for pensioners when deciding to switch pension indexation from the RPI to CPI.

Only 22% of people know how much money they will need to save and for how long to achieve the retirement they want, according to a YouGov poll.

Care and impaired annuity provider Partnership has struck a refinancing deal worth £272 over five years with equity release provider Milton Homes.

Over half of Britons do not know how to access previous private pension schemes and 60% do not know they can combine pension pots at retirement, Aviva says.

Cash-strapped pensioners are turning to a life of crime to fund their golden years.

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.