June 2009 Archive

Women look at pension gap worsening through recession

Women underpreparing for retirement

British women are falling behind in saving for retirement and the recession is worsening the situation.

Aegon: Annuity income assured

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Aegon has launched a new investment plan to provide a guaranteed income for people in their retirement.

Final salary pensions "unsustainable" claim 96% of firms

Final salary pensions set to disappear in the private sector

Ninety-six per cent of companies see final salary pension schemes as unsustainable.

Goodwin offers to 'cut pension by £4m'

Goodwin offers pension cut?

Sir Fred Goodwin is offering to cut his pension, months after the first government pushed him to lower the size of his retirement pay-out.

Pension reforms will have "small" benefit

Pension reforms will only have a small benefit for many

Reforms to the pensions system to be introduced in 2012 will boost saving but will have a "small" overall effect, a report has warned.

Pension savers miss out on £720m

Workers saving for pensions could be missing out on millions in tax relief

Pension savers are missing out on £720 million tax relief by not making additional pension contributions, research from Unbiased.co.uk has found.

Public sector pensions 'cost £1.1 trillion'

Public sector pensions don't add up, says thinktank

The total liability for public sector pensions could be £1.1 trillion, according to a thinktank.

UK faces 'pension perfect storm' - Video

Pension storm awaits

The UK is sailing into a pensions "perfect storm", as the recession leads people to ignore long-term savings.

Final salary pension schemes are 'finished'

Final salary pension schemes are dead and buried

Final salary pension scheme no longer have a future, a senior pensions expert has predicted.

Barclays drops final salary pension

Barclays closes door on final salary pension

Barclays today announced it is proposing to drop its final salary pension scheme.

Aegon: New secure lifetime income plan

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Aegon is launching a new retirement solution, a secure lifetime income plan.

UK faces 'lost generation' of pension savers

People delaying pension saving for too long

The UK faces a generation of people who are failing to prepare fully for their retirement.

BP to close final salary pension scheme

BP closes final salary pension scheme

BP is to close its final salary pension scheme to new employees.

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