Retirement

AUTUMN STATEMENT

Pension and wrap provider James Hay Partnership has unveiled its post-Retail Distribution Review (RDR) platform pricing model for its self-invested personal pension (SIPP) Investment Centre.

The Financial Services Authority (FSA) has banned a partner at a self invested personal pension (SIPP) operator at the center of fraud proceedings for failing to keep informed about management decisions at the firm.

Politicians on both sides of the house have cautiously backed the industry code of conduct on charges as a first step to improving transparency.

Millions of people are postponing retirement and plan to keep working for an additional six years as their pension savings are too low, according to LV=.

A code of conduct on pension charges levied by providers and advisers has been launched to bring consistency to the workplace pension market.

In this week's Retirement Planner quick fire poll we ask: Do you agree with the DWP figures that 70% of those being auto-enrolled will remain in a pension scheme?

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

Pensions minister Steve Webb has said the Department for Work and Pensions (DWP) is considering imposing penalties on employers who do not choose auto-enrolment schemes deemed of a high enough standard.

Andrew Tully assesses what impact a single tier state pension system will have.