Pensions News

Saga Personal Finance has developed a guide to annuities that is designed to help people understand how to enhance their retirement income and make the most of their pension fund at retirement.

Funding for a series of pensions education projects will be extended until March 2009, Pensions Minister Mike O'Brien announced today.

Research from Investment Life & Pensions Moneyfacts shows that the sustained upturn in annuity rates may be one of the few rays of sunshine to burst through the credit crunch gloom.

The benefits of automatic enrolment will be extended to insurance-based workplace pensions from 2012, Secretary of State for Work and Pensions James Purnell announced.

AEGON UK has achieved another important distribution partnership having been appointed as the provider of deferred SIPPs and income drawdown products for Clydesdale Bank and Yorkshire Bank.

People facing retirement are more concerned than ever about their financial security and income in retirement, according to a new research report from investment, pensions and insurance group LV=.

New research from HSBC reveals that while more women than ever in the UK have pensions, confusion over eligibility means almost two million women are losing out on potential pension income.

SBVD is the Dutch pension fund for workers in the paint and printing industries and has more than 5.000 members and over EURO125 million assets under management.

Twelve months on from SIPP regulation new research carried out on behalf of innovative pensions and investments provider Merchant Investors shows that adviser confusion still remains one year on following the advent of SIPP regulation.

New self invested personal pension special offer from Fidelity FundsNetwork is launching a brand new special offer for the rest of 2008 on its Self Invested Personal Pension (‘SIPP').

Retirees can now check online how long their savings will last at their current rate of spending, thanks to a new addition to the MyPlan family of planning tools from Fidelity International.

The Pensions Advisory Service has launched a new web-based Annuity Planner to help people with the process of buying an annuity, including explaining the options they have and choices they need to make. The ABI was involved in developing the new tool and fully supports it.

The Pension Protection Fund (PPF) has set out its plans for meeting the challenges of the next three years and beyond.

As greater longevity is increasingly becoming a fact of life, people are leaving themselves vulnerable to financial hardship at a time when they are most in need, according to research by Life Trust Insurance plc.

A thirty-year- old man planning to retire at 65 will only pick up his pay packet another 420 times before downing tools for good, analysis from Virgin Money shows.