Retirement

Close Asset Management is currently researching the possibility of creating a QROPS product for British expatriates living in the US.

MC Trustees has launched its MCT Malta Private Retirement Scheme on Ascentric - the first QROPS to be launched on a UK wrap platform.

The cost to the State of people running out of funds to meet their long term care costs will treble to £2.75bn in England alone over the next 20 years, according to Partnership.

Income drawdown has long featured as a popular alternative to annuities for those who want to retain greater control of their retirement pot.

UK consumers are thousands of pounds off meeting their desired pension income, a survey from Alico Wealth Management reveals.

The top five retirement destinations for British pensioners are Spain, France, the USA, Canada and Ireland, research from Standard Life has revealed

The Government is planning to scrap the default retirement age in the UK from October 2011.

Britain's optimism about their retirement is lagging behind the USA and Canada according to research from Sun Life Financial of Canada.

With the removal of compulsory annuitisation, for the first time advisers will be able to consider lifetime financial and investment planning within a pensions tax wrapper.

Pensions savings have hit their lowest levels since 2006 as the long term effects of the downturn start to impact on savers' retirement plans, according to research by Scottish Widows.