Retirement

The Office of Fair Trading (OFT) has launched an investigation into the value for money of workplace defined contribution (DC) pensions schemes.

AUTO-ENROLMENT

The Financial Services Authority (FSA) has banned two former Freedom SIPP directors, John James Quarrell and Susan McKenzie Beaumont, from working in the financial services industry.

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

Actuaries claim public sector workers will gain from the abolition of contracting out but unions contend it could derail public sector scheme reform.

The National Employment Savings Trust (NEST) is looking for fund managers to run mandates in both UK direct and global listed real estate.

The Financial Services Authority (FSA) director has said the relationship between it and The Pensions Regulator (TPR) needs more work due to the differences between the organisations.

Retirees looking to achieve the £144 per week flat-rate state pension level with an annuity purchase today would need a pension pot totalling £130,000, according to analysis from Prudential.

Dealing with small pots, access to advice and developing appropriate retirement strategies were all discussed at a retirement income panel hosted by Prudential.

Pensions minister Steve Webb has confirmed the details of the coalition's overhaul of the basic state pension.