RPI-linked annuities will count towards the minimum income requirement (MIR) for flexible drawdown, the final Finance Act 2011 has confirmed.
Paul Thompson, tax & estate planning consultant at Canada Life, examines the normal expenditure out of income exemption.
In May, Retirement Planner held a breakfast briefing on retirement income. Ray Chinn, head of pensions at LV=, gave his view on the future of retirement income
The government has reiterated it will not introduce legislation to override pension scheme indexation rules.
Maria Merricks asks industry experts for their views on the infrastructure investment story and the best ways to play it.
The government is likely to review draft income drawdown rules forbidding the use of RPI-linked annuities for the minimum income requirement (MIR), specialist providers have said.
NS&I has relaunched its popular inflation- busting savings certificates, which will be linked to the retail prices index (RPI).
Life company pension funds from Scottish Equitable and Scottish Life are among those which have consistently failed to beat inflation over the past decade, despite holding £14bn in savings, according to Hargreaves Lansdown research.
Six public sector organisations have applied for a High Court judicial review of the government's decision to link increases in public sector pensions to the consumer prices index (CPI).
Prudential has won its High Court dispute with members of its pension scheme over changing the basis on which it granted discretionary increases to pensions in payment.