Retirement

The pensions protection levy is likely to climb again in 2008 after the Pensions Protection Fund (PPF) collected less than half its estimate in levies for 2006/7, according to Mercer.

Baby boomers approaching retirement should consider moving their savings into SIPPs or personal pensions to double their retirement income, says advisory stock broking firm Killik & Co.

The National Association of Pension Funds (NAPF) has appointed David McCourt as policy adviser of investment and governance.

Women save less for the future than men, according to research by Scottish Widows.

The Pensions Regulator will begin defined benefit (DB) scheme funding workshops next month.

A total of 45% of employers with defined contribution (DC) pension schemes could change their arrangements, according to a survey by Watson Wyatt.

The retirement savings and income market looks set for consolidation, according to a report by research company Defaqto.

Standard Life's sales through channels other than IFAs rose to 41% in the third quarter up from 26% in 2006, according to the group's interim results.

The Pensions Regulator is consulting until December 19 on the time period for resolving pension scheme disputes.

Clerical Medical has appointed John van der Wielen as sales director.