Pensions News

Millions of hard-up pensioners who are missing out on money they should be getting to help pay basic household bills, including heating and council tax, should act now to beat the deadline for claims, Citizens Advice warned today.

Around 4,000 people who lost savings when their pension schemes were wound up by solvent companies will be potentially eligible for financial help from a Government scheme.

The introduction of Personal Accounts in 2012 will see at least 300,000 UK employees deprived of their existing pension scheme benefits, Fidelity International warns.

The Association of Independent Financial Advisers (AIFA) has called on the government to deliver a budget for pensions.

Measures to increase the level of payments by the Financial Assistance Scheme (FAS) are to be fast-tracked, Minister for Pensions Reform Mike O'Brien announced today.

LV= is celebrating being awarded a five star rating for its Discretionary SIPP with effect from 1st February. The rating, acknowledges the quality of the product offered by the fast-growing life and pensions provider and this is echoed by the impressive level of sales achieved in the last 12 months.

Standard Life has conducted analysis of the UK housing and retirement markets and is predicting a bleak future for many people hoping to use their current property to provide their pension.

A new National Association of Pension Funds (NAPF) Workplace Pensions Survey has revealed that a workplace pension is the most important company benefit an employer can offer.

With Personal Accounts now looming large on many employers’ horizons, Origen has issued a stark warning to the UK government regarding the true impact of part of its proposed legislation.

Rank Group plc has concluded a major deal to transfer its pension scheme liabilities to Rothesay Life, a wholly-owned subsidiary of Goldman Sachs.

If you can never find time to review your pension arrangements, or simply don’t know where to start, help is at hand this ‘leap day’.

The London 2012 Olympics advertising build-up begins in earnest on 4th March when Scottish Widows becomes the first UK sponsor to air a TV advert linked specifically to the Games.

Scottish Widows has announced the launch of Retirement Income – part of its flagship pension product, Retirement Account.

LV= has underlined its service commitment by putting its money where its mouth is by being the only provider in the life and pensions market to pay compensation to consumers if they do not receive their tax free cash within seven working days on its range of Unsecured Pension plans.

Standard Life has been awarded the eee rating for group personal pensions by the Financial Technology Research Centre (FTRC) for the third consecutive year.