Tom McPhail

The cost of buying a £5,000 retirement income has jumped by 29% since December 2009, according to an Office for National Statistics report.

The "high profile" of Tesco will boost retirees' inclination to shop around for the most appropriate pension income product after the supermarket giant announced it is to launch an annuity comparison service, according to Tom McPhail.

The government is ‘woefully underprepared' for the impact a rapidly ageing population will have on society and public services, a Lords Committee has warned.

Retirement Planner's round-up of the top pension stories this week.

The Pension Income Choice Association's (PICA's) adviser directory for retirement clients will list IFAs, restricted advice firms and bank advisers, it has confirmed.

The mandatory code of conduct on retirement choices for all Association of British Insurers (ABI) members, set to be enforced from 1 March, must go further to better help consumers, annuity campaigners have said.

The government has set the earnings threshold at which workers are auto-enrolled at £9,440 for 2013/14.

Fiona Murphy asks whether the flat rate state pension will go ahead.

Industry experts are "horrified" that the Liberal Democrats are considering cutting tax relief on ISAs and pension contributions for the wealthy.

Pensioners are being left "permanently impoverished" by quantitative easing (QE) and analysis from the Bank of England (BoE) denying negative impacts is wrong, Ros Altmann has said.