2009 Archive

Personal Accounts roll out delay causes concern

The government has stated it remains fully committed to the roll out of personal accounts despite delaying full roll out until 2017

The National Pensions Saving Scheme, the government's flagship reform of the pension system appears to have suffered from yet another delay.

Regulator exposes risky pension transfer tactics

The Pension Regulator has warned against employers pressuring employees to contract out of final salary pensions schemes

Pension scheme members are being warned their retirement savings could be at risk from employers urging them to transfer out of their fund.

Charities call for annuity shake-up

Age Concern and Help the Aged have called for a radical shake up of annuities to help the poorest

Age Concern and Help the Aged are calling for a radical shake-up of the annuities market to help those with small pensions get a better deal.

Mums face pension pot shortfall

Women are not saving enough for retirement because they stop work to raise a family reserach has found

Women are failing to save enough for their retirement compared to men because many stop work to have children.

Retirement industry and government failings costing pensioners £3.3 billion

Pensioners are losing out because they don't shop around for the best annuity say PICA

A lack of choice at retirement could cost Britain's pensioners £3.3 billion over the next 20 years according to a new study published today.

Sun Life revamps retirement plan

Sun Life Financial of Canada has increased the funds available to clients investing in its retirement income product, i2Live, as part of an update.

More final salary pensions schemes close to new members

More final salary pensions have closed to new memebers in the last year than in the previous two years the NAPF said

The recession has continued to take its toll on private sector final salary pension schemes, according to the National Association of Pension Funds (NAPF).

Women and pensions: webchat with Ian Naismith from Scottish Widows

Scottish Widows will be offering advice to women on their pensions

Last month Scottish Widows' annual pensions research found that fewer women than men are saviing adequately for retirement.

Ascentric launches new Sipp saving option

Ascentric is offering a new account through its investment platform which provides a new cash-based savings option for customers' pensions.

Why it's important to shop around for your annuity

Pensioners are losing out by not shopping around for a good deal on annuities

Savers are not getting the best value out of their workplace pension schemes because they are not getting enough information, according to the Pensions Regulator.

Conservatives plan pensions reform

Theres May said a Tory government would encourage a saving society

A Conservative government would introduce a "radical" programme of reform of the pensions and savings system, Theresa May said yesterday.

Friends Provident: Financial education for workers

Friends Provident is helping to make the UK workforce more money minded with the launch of a new independent financial education and support package.

Deficit doubles for pension safety net

The UK's Pension Protection Scheme's (PPF) deficit has doubled after the financial crisis pushed more firms into administration.

Friends Provident updates pension programmes

Friends Provident has created a new system aimed at helping its members engage more effectively with their pensions and retirement plan.

Pension credits: Pensioners to be allowed more savings

Pension credit boost for pensioners from next week

Pensioners' levels of saving taken into account for tax credits are set to rise.

Scottish Life broadens pension choice

Scottish Life has added ten new funds to its pensions fund range providing investors with the chance to diversify into a new variety of asset classes.