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Pensions News

Listing 490 articles over 49 pages

Pension Annuities Under The Spotlight

News that the Financial Services Authority (FSA) has given pension companies just 5 months to sort out the current mess has been well received by consumer support groups and industry leaders. A...

Is This The End Of Final Salary Pension Schemes?

News that the UK's top 100 companies have seen a massive fall in their pension funds values has led to suggestions that the end of the final salary pension scheme is nearing. In total the top 100...

Will The Pension Protection Fund Be Called Into Action Soon?

The latest news from the corporate pension fund market does not make good reading with deficits rising to some £80 billion, a jump of £17 billion in the month of July alone!

Pension Firm GP Noble Comes Under The Spotlight

As the pension industry continues to try and come to terms with the massive increase in funding requirements of the last few years we have seen the Pensions Regulator use its emergency powers for...

Final Salary Schemes Hit New Low

News that only 1 in 6 final salary pension schemes are now open to new comers is a reflection of the death of final salary schemes due to a number of factors. The 1 in 6 figure is down from 1 in 4...

PPF Takes On Another 15 Pension Schemes

News that the Pension Protection Fund has taken on another 15 insolvent pension schemes in August takes the number up to 57 from creation in 2005. The scheme is available to take on the...

The Prudential Bails Out Cable And Wireless

In a move which is being described as a win win for all parties involved it has been reported that Cable and Wireless has taken out a £1 billion annuity with Prudential to safeguard the...

Hargreaves Lansdown Forecasts Pensions 'car Crash'

The pensions sector is heading for a "car crash" - with an income of just £1,380 a year currently being derived from the average pot. Independent Financial Advisor (IFA) Hargreaves ...

War Pensioners 'experiencing Austerity Britain Once More'

Many of Britain's World War Two heroes are facing a return to rationing conditions, the Royal British Legion has suggested. New research from the charity shows that one in three retired servicemen...

Live In A Nice Area And Get A Smaller Pension!

In a move which smacks of yet another tax on the rich it has been announced that Norwich Union will be the latest insurance giant to introduce a postcode lottery for pensioners. While they claim...

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