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Nearly 90% of people say retirement saving a low priority - survey

A survey of 2000 consumers has revealed that 89% do not consider saving for retirement a priority. The survey also estimates that 15m people are not saving at all.

Most pension scheme members to reject 100% lump sum

Most members of pension schemes are likely to turn down the option to withdraw 100% of their pension rights as a lump sum, according to research from Capita Employee Benefits.

Peer-to-peer lender launches Sipp option

RateSetter, a UK peer-to-peer (P2P) lender, has moved into retirement savings with two Sipp providers – London & Colonial and European Pensions Management, enabling Sipp holders to lend within their pension tax wrapper.

Parmenion adds drawdown features to Sipp wrapper

Parmenion has added drawdown features to its in-house Sipp from today (7 April), to enable advisers to take advantage of the new Pensions Freedoms for their clients.

Over 8% of pension freedom callers asking about Sipps

Hargreaves Lansdown has reported that over the past year it has received over 150,000 requests for information regarding the new pension freedoms with over 8% of callers asking about topping up or opening a Sipp.