Autumn Statement

More than a quarter (27%) of savers aged 60 to 65 have no idea of the current value of their pension pots, according to research from LV=.

The cost of the single-tier state pension will surge by £344bn between 2013 and 2063, according to figures published by the Office for National Statistics (ONS) today.

State Street Global Advisors (SSGA) has added a suite of exchange-traded funds (ETFs) to its Managed Pension Fund (MPF) wrapper.

Employers offering defined benefit (DB) schemes are unlikely to increase their normal retirement ages beyond 65 despite changes to the state pension age (SPA), according to Aon Hewitt.

The government is set to remove stamp duty charges on purchases of shares in Exchange Traded Funds (ETFs).

The government will not change the basis on which Government Actuary's Department (GAD) tables are formulated for income drawdown according to the Autumn Statement.

Increasing employer pension contributions driven by rising longevity, auto-enrolment (AE) and poor defined benefit (DB) scheme returns has held back wage growth, according to Treasury figures.

The state pension will be excluded from a proposed overall spending cap on benefits, Chancellor George Osborne has announced.

People across the UK will be unable to claim their state pension until the age of 68 from the mid-2030s rather than 2046 as previously planned.

The industry has warned Chancellor George Osborne to leave tax-free lump sums in pension schemes untouched in his Autumn Statement.