Adair Turner

ADAIR TURNER yesterday told the Commons work and pensions select committee independent financial advisers are trying to avoid selling private pensions to those on low incomes as they fear they will be accused of mis-selling in 10 years' time, continues...

Adair Turner has repeated a warning that the current policy of means-testing certain benefits is putting people off savings for retirement.

Graduates could double their retirement income if they start saving as soon as they complete their studies, according to research by HSBC published in the same week as the Pension report.Research by HSBC to the benefits of saving from an early age could...

Qualified praise has been heaped on the Pension Commission's report by government ministers, opposition spokespeople and industry associations.

A major challenge facing state retirement income provision is to eliminate the current system of means-testing, suggests comments in response to the Turner report.

Demographics takes up the first chapter of Adair Turner's report, followed by retirement ages, the pensions system, pensions adequacy based on trends, and non-pension savings and housing.

The Pensions Commission has warned there is a £57bn gap between the amount people are saving for retirement today and the amount which might be needed by 2050 unless retirement ages rise.