Industry

Annuity margins at insurer Standard Life were down 59% in the first half of the year due to the sweeping changes to retirement income announced in the Budget, latest results show.

The industry wants Steve Webb to keep hold of the pensions brief after the general election, according to a poll conducted by PP.

Just 25% of pension professionals believe The Pensions Advisory Service (TPAS) and the Money Advice Service (MAS) are up to delivering the 'guidance guarantee', PP research finds.

Warren Buffett issued a warning against active management in the last annual report from Berkshire Hathaway

So as expected the Treasury's response to the Budget consultation will allow transfers from private sector DB schemes to DC.

The economy topped its pre-crisis peak after growing 0.8% in the second quarter, according to an estimate from the Office for National Statistics (ONS).

The Pensions Advisory Service (TPAS) and Money Advice Service (MAS) have hit back at critics of their involvement in delivering the government's 'guidance guarantee', saying they are confident they can scale up to meet demand.

Now Pensions anticipates that "the vast majority" of its members will choose to take cash at retirement following the flexibilities introduced in the Budget 2014.

Natasha Browne examines the industry's response to the government's consultation on LGPS funds

The Pensions Regulator (TPR) is harnessing the power of real-life tragedies to warn workers of the dangers of pension liberation, which it wants to rebrand as "pension scams".