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Monday 21st July 2008
Property pension advice Homeowners should avoid investing in property alone to fund retirement, according to new advice from Friends Provident. The pensions provider has suggested that equity release alone will not be en...
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Thursday 17th July 2008
Ombudsman's report slams government for Equitable Life collapse Savers who lost money in Equitable Life's 2000 near-collapse should receive compensation, a new report from the parliamentary ombudsman has claimed. Ann Abraham released her report on the issue to... |
Thursday 17th July 2008
Watson Wyatt Forecasts Final Salary Scheme Demise Pension experts at Watson Wyatt have stepped into the argument about final salary schemes and whether they are at all feasible. Using their experience in the market place and feedback from an... |
Thursday 17th July 2008
Treasury Errors Set To Hit 420,000 Pensioners At a time when pensioners in the UK are coming under enormous financial strain, more than 420,000 will soon receive yet more bad news with confirmation that they will need to repay £135... |
Monday 7th July 2008
Insurer detects over-50s' pension 'confusion' Many people aged over 50 are "confused" over the status of their pensions savings, research from Liverpool Victoria has shown. The insurer said that around seven million of the group fel... |
Sunday 29th June 2008
Sainsbury In Talks To Sell Final Salary Pension Scheme In line with many other companies with final salary schemes it has been reported that Sainsbury has requested a number of quotes from pension fund specialists looking to acquire the company’s... |
Friday 27th June 2008
Government Set To Unlock £100 Billion Of Pension Funds In a move which will literally breathe life back into the struggling pension fund sector it has been confirmed that members holding pension savings in protected rights schemes will now be able to... |
Thursday 26th June 2008
Savers 'missing pension payments to pay for education' People are missing out pensions contributions in order to meet the cost of their children's education, a new YouGov poll shows. According to the survey, 23 per cent of UK adults are diverting fund... |
Tuesday 24th June 2008
Government Set To Push Through Pension Reform While there has been much criticism of the government’s handling of the ongoing pension crisis there seems to be action at last from the authorities with regard to schemes which are under... |
Saturday 21st June 2008
Is Your Final Salary Pension Scheme Secure? As the number of firms taking new entrants to their final salary pension schemes continues to diminish there are concerns that even those with a place in existing final salary pension schemes may... |
Wednesday 18th June 2008
Pension Annuities Under Investigation By The FSA The Financial Services Authority (FSA) is currently carrying out a serious investigation into the annuities market with many concerned that those with maturing pension plans are not being given... |
Wednesday 4th June 2008
Retirees to rely more on savings Retirees are to rely more on savings in the future as pension schemes start to offer smaller payouts, according to one expert. Keith Churchouse, director of Churchouse Financial Planning Limited, ... |
Monday 2nd June 2008
Pension U-Turn Is Broadly Welcomed As we covered some days ago, the UK Treasury had been looking to back date a new and controversial tax on small pensions in the UK. The move is set to hit over 420,000 people who have retired,... |
Friday 30th May 2008
Fidelity Survey Shows Average UK Pensions Are Less Than The Minimum Wage Even though there have been concerns about a pension crisis in the UK for many years it seems that those only now reaching retirement age are set to feel the full force of the situation. The... |
Thursday 29th May 2008
Pension scheme trustees optimistic of long term prospects The increasing pace of pension scheme closures has failed to dent the optimism of scheme trustees, a new report has claimed. Aon quizzed 234 trustees of pension schemes currently in the red over ... |
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