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OFT says £275bn DC market failing some pension savers

The OFT has agreed with business and The Pensions Regulator (TPR) on reforms to the £275bn defined contribution (DC) workplace pension market after it found some savers fail to receive "value for money."
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Report says UK heading for 'unretired' generation

Significant numbers of UK workers says that they expect never to be able to afford to retire fully and these individuals may form the beginning of an unretired generation.
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Broadstone calls on Government to clarify intentions on tax free cash

Pensions consultants at Broadstone Corporate Benefits are calling on the Government to announce that the tax-free cash sums paid from pension schemes will avoid being cut in this Parliament.
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Standard Life says fairer rounding on drawdown would aid customers

Standard Life, which provides a range of pension products including Sipps, says that the new drawdown yield announced this week is good news for drawdown users but there is room for improvement.
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Analysis shows towns with highest and lowest retiree numbers

Analysis from Prudential reveals the South West England as the most popular place to live in the UK for retirees, with more pensioners per head in Christchurch, Dorset than anywhere else in the country (see tables).
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  1. Advisers say Sipp providers' reputation has worsened – survey
  2. AXA Wealth adds flexible drawdown to stand-alone Sipp
  3. Sipp provider Alliance Trust Savings reaches £5 billion in AUA
  4. Whitehall calls for greater role for SSAS in pension planning

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