A European Union ruling to equalise annuity rates for men and women could be finalised as soon as 1 March.
EUROPE - An EU ruling to equalise annuity rates for men and women could be finalised as soon as 1 March.
People with several small occupational pensions should be able to group them together for trivial commutation, Hargreaves Lansdown head of pensions research Tom McPhail says.
The number of bankrupt over-65s has increased six times in the past ten years, the Insolvency Service says.
The DWP will look into improving annuity rates for people with pension pots of under £5,000, pensions minister Steve Webb says.
UK - John Moret, marketing director at Suffolk Life, is to retire after 40 years in the industry and almost 20 "banging the SIPP drum".
John Moret, marketing director at Suffolk Life, is to retire after 40 years in the industry and almost 20 "banging the SIPP drum".
Barnett Waddingham has launched a bid to buy up clients who have been ‘orphaned' by providers and advisers who have left the market since A-Day in 2006.
UK - Public sector final salary schemes should be scrapped and replaced with a career average alternative, the National Association of Pensions Funds says.
A TV advert for Aviva, in which the insurer claims it can provide 20% more income for annuity customers, has been banned by the Advertising Standards Authority.