Pensions
Britons 'surprisingly confident' over pensions
18th March 2009
Around half of all British employees are confident that their occupational pension scheme will remain safe despite the current economic...
Shop around for good pension deals, workers urged
12th March 2009
People approaching their retirement can protect their income by shopping around for the best annuity instead of just sticking with the company...
Thousands to see increase in pension
10th March 2009
The government has announced that thousands of public sector retirees who had not been receiving their full pension due to an error will receive...
Suspend Hips, Naea urges
9th March 2009
Home information packs (Hips) should be done away with because they are not having a positive impact on the property market, the National Association...
Not all houses are for rent, 'reluctant landlords' told
9th March 2009
Property investors who have been forced to rent out their investments after failing to sell them, otherwise known as "reluctant landlords",...
Waterfront properties have appeal
9th March 2009
Purchasing a waterfront property in London is one of the strategies property investors can adopt if they want to make an attractive buy, it has been...
Market volatility hits final salary pension schemes
6th March 2009
Final salary pension schemes have experienced one of the most turbulent periods on record in the last five days, according to a pension...
Over 2m plan to delay retirement in 2009
4th March 2009
Over than two million people in the UK plan to delay their retirement this year as a result of the economic downturn and declining values in...
Equity release can provide cash for care
3rd March 2009
Equity release can be used by pensioners in need of long-term care to provide much needed cash to prevent them from being moved from their homes, it...
New survey shows 40 per cent of Brits lack pension
23rd February 2009
New research from Fairinvestment.co.uk has found that 39 per cent of Brits do not have a pension plan in place and the credit crunch is biting into...
Recovery plans should not jeopardise company, Pensions Regulator states
18th February 2009
Employers sponsoring final salary pension schemes have been called upon to seek advice and hold consultation with their pension scheme trustees as...
NAPF pushes for pensions reforms
17th February 2009
The National Association of Pension Funds (NAPF) has come up with proposals to reform the Pension Protection Fund (PPF) levy.Among the proposals are...
NAPF welcomes government's gilt strategy
4th February 2009
The government's medium-term strategy to issue more long-dated, indexed-linked gilts to help meet pension funds needs has been welcomed by the...
Pensioners living 'longer healthier lives'
30th January 2009
New figures from the Department for Work and Pensions (DWP) have reaffirmed the need for people to create adequate provisions for their pensions by...
Inheritance tax not only for the rich
27th January 2009
In news that may be of interest to people planning their pensions, inheritance tax (IHT) is not solely the preserve of the rich, a financial services...
Salary related pension schemes threatened by credit crisis
23rd January 2009
Radical action is needed to help UK pension schemes, which are now threatened by the ongoing financial crisis, the National Association of Pensions...
People extending retirement as pension values shrink
15th January 2009
New research from Life Trust shows that the current economic situation is shrinking the value of people's pensions, destroying investments and...
Current pension is 'inadequate'
5th January 2009
Many pensioners in the UK are of the opinion that the basic state pension needs to double in order to provide a comfortable retirement, according to...
Pensions to be cut to make up for past overpayments
17th December 2008
Hundreds of pensioners in Northern Ireland could see their public sector pensions cut from next April. Following the recent revelation that as many...
Pensioners get £4bn boost from govt
15th December 2008
Pensioners are set to receive a £4 billion boost from the government, which has announced the biggest rise in the basic state pension since...
People advised to understand IHT planning
15th December 2008
Getting proper advice on inheritance tax (IHT) is vital to ensure you avoid an unnecessary IHT burden, people planning their pensions may be...
Pensioners' interest 'should be tax-free'
12th December 2008
Interest paid on savings accounts for UK pensioners should be tax-free, one of the largest societies in the UK, Skipton Building Society has...
Pensioners warned against house-sharing to avoid inheritance tax
8th December 2008
Property investors have been warned against going into house-sharing arrangements to avoid the inheritance tax implications after death as this can...
Pensioners lose billions in slump
2nd December 2008
Consumers have been advised to pay more attention to their pension from an early age following revelations that almost £45 billion has been lost...
Personal Accounts pension proposals criticised
27th November 2008
Government plans for Personal Accounts in the 2012 pension reforms have attracted criticism from pension industry experts who have branded them a...
Get the most out of your pension fund
25th November 2008
Pensioners have been advised to ensure they get the most out of their pension funds as new data reveals that many are increasingly retiring in...
Pension funds threatened as Brits hold back on contributions
17th November 2008
New research has highlighted an impending loss to pension funds as the credit crunch and looming recession continue to wreak havoc. According to data...
Cutting back pension savings could jeopardise financial future
15th October 2008
Consumers shying away from pension plans due to the hard economic times have been warned that they risk jeopardising their financial future.According...
Company pension schemes are better
26th August 2008
News about Pensions Brought to you by the SimpliGroup Making sure you are fully covered when it is time to retireThe National Association of...
Less people preparing for the future financially
14th July 2008
New research has revealed that just a quarter of people in the UK think saving is important.According to the research from Nationwide Building...
Half of British people still not saving for retirement
9th July 2008
Scottish Widows has revealed half the population in the UK is still not doing enough to prepare for retirement.Even though more people are beginning...
Mortgage debt increasing for retirees
11th June 2008
The level of debt outstanding on mortgages for the average Briton reaching the age of 55 has increased markedly, it has been claimed.According to Key...
Longer lives stretching funds
11th June 2008
Increased life expectancy is undermining the plans for retirement made by many Britons, one industry body has claimed.The Life Trust states that as...
Older people 'worst hit by crunch'
9th June 2008
Economic difficulties in the financial markets are affecting older people more severely than any other group, according to the latest research.Data...
Living costs stymieing pensions savings
5th June 2008
The increasing cost of living is resulting in Britons putting smaller sums aside for retirement, according to one financial services firm. Edward...
Tisa wants pensions plans sped up
30th May 2008
Tisa (Tax Incentivised Savings Association) has urged the government and pensions industry to speed up the process of bringing the benefits of...
Women 'need pensions'
23rd May 2008
A personal pension has been described as a "vital" strategy for women to help safeguard their financial futures.Ruth Whitehead, principal...
Pensions 'remain most important benefit'
21st May 2008
Employees still regard pensions to be the most significant benefit, according to an industry commentator.Mark Brooks, a National Association of...
Pension concerns for SATC generation
19th May 2008
A large proportion of women in the so-called Sex and the City generation are failing to make adequate provisions for their pension, it has been...
Mortality assumptions governing regulatory scrutiny 'impose undue pressure'
16th May 2008
Proposals about mortality assumptions governing defined benefit (DB) pension schemes will put uncalled for pressure upon providers, one industry body...
Life expectancy increases among pension schemes
14th May 2008
Over the course of 2007, pension schemes raised the life expectancy assumptions for members by an average of six months, new research...
Pensions 'a top concern for those seeking advice'
1st May 2008
Demand for pension advice remains high following A-Day on April 6th two years ago, according to IFA Promotions, an organisation promoting the...
Sipps have blossomed, says report
30th April 2008
A pensions and wealth consultant for Defaqto has said that self-invested personal pension (Sipps) have "blossomed" since their launch in...
Regulator 'looking forward' to working with DWP
28th April 2008
The Pensions Regulator is looking forward to liaising and working alongside the Department for Work and Pensions (DWP) as new pension legislation is...
Pension funds 'must make efforts to educate members'
8th April 2008
Too few pension providers invest time and effort into educating members of their defined benefit schemes, it has been claimed today.Industry...
Voluntary pension contributions 'halve in a year'
2nd April 2008
The scale of voluntary contributions into private or occupational pensions in the UK has almost halved over the course of the past 12 months, it has...