Pension Rules

Former public sector workers face a reduction in the annual increase of their pensions

Public sector pensions link will switch from RPI to CPI

Trade unions have lost a high court appeal against the government's decision to switch the inflation link governing the rise of public sector pensions from RPI to the lower rate of CPI.

Government announces measures to protect pension pots

Minister for pensions Steve Webb has said he wants to make it easier for people to build up bigger pensions, even if they change jobs.

Firms that employ fewer than 50 people will be given extra time to implement auto-enrolment

Auto-enrolment pensions delay will affect up to four million people

The Department for Work and Pensions (DWP) has announced that firms that employ fewer than 50 people will have an extra 13 months to implement the new system.

Pension incomes could fall due to a fall in gilt yields

Pension incomes fall by 35% as gilt yields drop

Pensioners about to drawdown annuities or who face an annual review could see incomes fall by 35 per cent as gilt yields fall to a record low and new rules take effect.

Pensions are a dull subject but if you get it right you'll thank yourself in old age

Take control of your pension, don't ignore it!

The mere mention of pensions seems to make the UK collectively mist over, but with a small amount of research and a few hours focus a year you can control your future.

Older workers no longer have to retire at 65, after the default retirement age was abolished

Abolition of default retirement age will impact on youth employment

The abolition of the default retirement age of 65 means age can no longer be the sole grounds for terminating employment but could lead to less opportunities for young people.

Starting a pension early can help you enjoy a comfortable retirement

How to finance the perfect pension pot

If you want to retire in reasonable comfort it pays to start saving as soon as you can afford it because that way you gain the benefits of compound interest.

The pension age should rise faster than under the current timetable, the government has said

Pension age must rise more quickly, government says

The government has said that plans to increase the state pension age to 67 must be speeded up.

Government ministers have been criticised over the speed of pension reforms

State pension reforms criticised as unfair to women

Backbench MPs are urging the government to review the Pensions Bill over criticism that just a small minority of women will have to bear the brunt of the costs.

A new flat-rate state pension is to be announced

Government to announce new flat-rate state pension

The government is preparing to announce full details of a simplified state pension that pays a flat-rate and that will be introduced in 2015 or 2016.

The government wants to simplify the pension system

Pension reforms will mean it 'pays to save'

Iain Duncan Smith, the Works and Pensions Secretary has said in a speech yesterday that "we have to make it crystal clear to young savers that it pays to save."

Iain Duncan Smith aims to simplify the pension system

IDS to announce £140 flat-rate pension plans

Iain Duncan Smith, the Works and Pensions Secretary, will announce today in a speech to Age UK that the pension system needs to be simplified and people encouraged to save for their retirement.

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

Retirement industry and government failings costing pensioners £3.3 billion

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.

Planning your pension and budget before minimum pension age rises

Minimum pension age to rise in April

The minimum age at which you can take a private pension is set to rise.

Ex-pat pensioners in court over pension freeze

A group of pensioners from Australia, Canada and South Africa are taking the UK government to court over their frozen pensions.

Would opening up pension fund would encourage saving or deplete retirement preparation?

Give me access to my pension fund

Locking away cash in a pension for years without the chance to touch it for 40 years is turning many people away from saving for the long term.

Ex-pat pensioners see pension inequalities depending on where theyt live

UK pensioners in Canada, Australia and South Africa challenge frozen pensions

Brits retiring abroad in Canada, Australia and South Africa are set to take on the government in court over frozen pension payments.

Treasury increases pension contributions before tax cuts in

Treasury backtracks on pension relief forestalling rules

Rules to stop pension savers pouring money into their funds before cuts to tax relief have been relaxed today.

Pension reforms will only have a small benefit for many

Pension reforms will have "small" benefit

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

Over 100,000 pension details were stolen

Data on 109,000 pension members stolen

A laptop containing the personal details of over 100,000 pension scheme members has been stolen.

Pension rules still not clear after Budget

Darling's Budget pension measures still not clear

Measures to stop people filling up pension funds before tax relief for higher earners are introduced are still not clear.

Ann Widdecombe maintains anger over Brown's pension smash and grab

Brown pension raid 'must not be forgotten'

After Budget saw further tax raids on pensions, senior Tory MP Ann Widdecombe has hit out at Gordon Brown for undermining long-term savings.

What did our experts think of the Budget?

Speaking to Myfinances ahead of the Budget, industry experts on property, investments, tax and pensions outlined their hopes and predictions.

High net earners may have to find alternatives to the traditional pension

ISAs 'better than pensions' for higher earners after the Budget

ISAs and other investment vehicles are now a better place for retirement savings than a pension for higher earners after the Budget, according to experts.