Increasing longevity means we are all going to have to work for longer if we are to save enough to give us a comfortable retirement.
The recent announcement that pension increases will be linked to CPI rather than RPI could leave future pensioners out of pocket. Helen Morrissey looks at whether this will be the case, and asks how the change needs to be managed
The Shop Direct Group is consulting with staff on proposals to close the Littlewoods Pension Scheme to future accrual from 31 December this year.
The advent of the coalition government has certainly ushered in frantic times for the pensions industry.
Improvements in the open market option process could help pensioners gain £3.3bn in extra income by 2030 according to research by the Pensions Income Choice Association (PICA).
The consultation to end compulsory annuitisation should lead to increased flexibility for retirees. Helen Morrissey asks if this is the case
The government is set to scrap the requirement to purchase an annuity and abolish alternatively secured pensions.
Britain's optimism about retirement is lagging behind the USA and Canada, according to research from Sun Life Financial of Canada.
Reforming the Age 75 rule will reinvigorate the retirement income market but care should be taken not to undermine the annuity sector, the ABI warns.
Strengthening state pension provision is key to helping people develop a decent income in retirement according to pensions minister Steve Webb.