August 2009 Archive

Workers upping pension payments in recession

Workers in defined contribution pension schemes are increasing their payments

Workers are four times more likely to increase their pension payments than cut them, despite the credit crunch, a survey has revealed.

Credit crunch forces 1.85m to delay retirement plans

Many planning to work for longer after falls in pension funds

The effects of the economic downturn have forced 1.85 million over 55s to delay retirement plans, according to research.

Pension saving in a recession webchat

If this is the extent of your pension planning, join our webchat

The recession has made everyone think a little harder about their financial security and if you have a pension - or are thinking of starting one - a little free advice to get the most out of it can never be a bad thing.

Royal Bank of Scotland plans pension cut

Royal Bank of Scotland has announced plans to cut final salary staff pensions in a move described by a trade union as a "body blow".

Inflation could slash pensioner incomes

Take inflation into account when you are working out your pension pot

High inflation could potentially reduce pensioner incomes to near nothing, echoing devastating consequences that occurred in past recessions, according to research.

Pension scheme panic 'eases'

Enquiries into how much pension savers have in their pot have tailed off, according to Aon

A pension scheme panic appears to have eased, according to consultants Aon.

Pension scheme members urged to review fund

Regular pension reviews important says Prudential

Too many occupational pension scheme members are paying no attention to how their retirement savings are invested, according to Prudential.

Standard Life revels in Sipp success

Standard Life has revealed the number of commercial properties being used in its Self Invested Personal Pensions (Sipps) has reached the 1,000 milestone.

Personal pensions 'fail investors'

Some pensions are not performing as well as they should, according to research

Around 86 per cent of pension funds are poor performers, according to analysis of the options available to UK private investors.

Final salary pensions at 'tipping point'

Time is running out for final salary pensions

Final salary pensions have reached a 'tipping point' and schemes will close over the next few years unless better ways of funding can be found, KPMG has predicted.

Over 50s face early retirement as jobs dry up

Older workers face the greatest roadblocks re-entering the workforce of any age group with increasing numbers forced into involuntary early retirement.