Personal Pensions
Personal pension contributions fall by £2billion in recessionNew research from the Office for National Statistics (ONS) reveals that less people are saving for their pension as a result of increased pressure on their finances in the recession. |
Sipps: What are they and who are they for?Self invested personal pensions (Sipps) allow you to choose and manage the investments that are used to fund your pension, but having the freedom of a DIY pension comes at a cost. |
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." |
Square up to your financesA new year brings with it the opportunity to look at your finances with a fresh pair of eyes and renewed determination to get financially squared up in 2011. |
Pensions a priority for recession-weary parentsThe impact of the recession has made more parents think about the importance of encouraging their children to save in a pension and not to rely solely on property investments to fund their retirement, according to a new poll. |
Legal & General pays £413m in 2009 bonusesLegal & General customers were paid more than £413 million in bonuses last year. |
Standard Life fined £2.45m for misleading customersInsurance giant Standard Life was fined £2.45m today for misleading thousands of pensions customers about the safety of one of its funds. |
Tory government would not prop up Pensions Protection FundShadow pensions minister Nigel Waterson has said a future Conservative government will not rescue the Pension Protection Fund (PPF) should the compensation scheme fall into hardship. |
Sun Life revamps retirement planSun Life Financial of Canada has increased the funds available to clients investing in its retirement income product, i2Live, as part of an update. |
Scottish Life broadens pension choiceScottish 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. |
State pension to rise 2.5%The state pension is set to rise 2.5 per cent - or £2.40 a week. |
Start pension at 40: Put aside 33% of salaryBrits are being warned if they are start saving for their pension at 40, they will have to put aside a third of their salary if they want to retire on two-thirds of their annual salary. |
Overhaul pensions using ISAsA leading pensions expert is calling on the government to completely overhaul the pensions system and give ISAs a bigger role. |
Government pension changes 'put success at risk'New regulations for the new auto-enrollment pensions, may lead to the government shooting itself in the foot and threaten the success of Personal Accounts. |
Recession to delay retirement but Brits fail to review pensionsBrits are failing to review their pensions - with around half of people never looking into their retirement planning. |
Personal pensions 'fail investors'Around 86 per cent of pension funds are poor performers, according to analysis of the options available to UK private investors. |
16% stop pension contributionsSome 16 per cent of UK workers have stopped or reduced pension contributions in the last five years. |
British pensioners 'poorer' than Polish pensionersMore British pensioners are now at risk of poverty than there counterparts in all but four other EU countries. |
72% of Brits no pension savingLevels of pension saving is woefully low in the UK, leading millions into the prospect of poverty in retirement. |
Aegon: New secure lifetime income planAegon is launching a new retirement solution, a secure lifetime income plan. |
UK faces 'lost generation' of pension saversThe UK faces a generation of people who are failing to prepare fully for their retirement. |
Pensions hope based on 'cult of equities'UK pension savings have been focused on the cult of investing in equities, a leading expert has warned. |
Inflation drop not benefiting pensionersInflation in April fell to a record low, but many pensioners are still seeing prices rise. |
Pension bet on stock market has not paid offWorkers have been gambling their retirement on the stock market without any government considering if the equity markets can actually benefit pension investors. |
Pension review: Do you need one?As budgets are getting tighter, many experts are urging workers to look over their pensions and get a professional review of their funds to guarantee they can one day have a comfortable retirement. |
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