Investment

Two in five people retiring this year still provide financial support to their families, according to research from Prudential.

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 Department for Work and Pensions has confirmed it will create an ‘automatic transfer' system for small pots of less than £10,000, allowing workers to take their pensions with them from job to job.

The role of advisers must be a key focus for the Office of Fair Trading (OFT) market study into the workplace defined contribution (DC) pension market, according to Aegon.

Better-off pensioners should pay tax at a similar rate to younger people on comparative incomes, according to the Fabian Society.

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

In this week's quick fire Retirement Planner poll we ask: Given recent coverage of enhanced annuity commission charged on Hargreaves Lansdown's annuity search engine - how much commission is too much?

Helen Morrissey talks to The Retirement Adviser's Nick Flynn about running a business in difficult times and the growth in employers offering retirement income services to employees.

Neil MacGillivray highlights the importance of checking pension input periods

A fifth of women abandon paying into a pension after divorce and a quarter reduce their general savings, according to research from Phoenix Group.