Pensions
Which? warns against over-50s plans
Over-50s plans could leave pensioners thousands of pounds out of pocket, and the payout often falls well short of what they'd earn in a cash Isa, according to new research from Which?
UK pension schemes prioritising risk management
Baring Asset Management's (Barings) annual poll of UK pension schemes has revealed that UK pension professionals, in a direct response to the market volatility, are putting extra emphasis on superior risk management when building portfolios and awarding mandates.
More than one third of over-55s have yet to plan retirement
Over a third (37%) of economically active over-55s have yet to make plans for their finances in retirement, according to the latest Real Retirement Report from Aviva.
An Annuity, what’s that?
Research from Standard Life's ‘Changing Face of Retirement' report highlights the lack of understanding of the annuity market in the UK, despite its importance as an income source in retirement.
Having children in the household impacts retirement decisions
New research among 45-65 year olds by Standard Life reveals having children living in your household can have a big impact on your retirement decisions.
Aviva launches ‘magic money' social media campaign
Aviva is using ‘magic' in a newly launched social media campaign to raise awareness among younger workers about the importance of making the most of their hard-earned cash.
"Pensions have an image problem" says Pensions Minister
Pensions Minister Steve Webb has spoken exclusively to Saga about the poor image of pensions, how low interest rates and quantitative easing have damaged annuities and why Government is going to use employers to promote pensions and auto-enrolment.
Manufacturing industry make the most of pension benefits
People working in the manufacturing sector are more likely to join their company pension schemes than in any other industry, according to Zurich research into take-up of company pensions.
Figures show drop in pensioner income as Gilt yields hit record low
Low-cost platform provider A J Bell is calling attention to the case for change to drawdown rules to protect pensioners from retirement income erosion as a result of record low gilt yields and Government policy.
Corporate advisers buoyant but realistic about pension changes
Corporate financial advisers remain broadly positive about their readiness for workplace savings changes despite there being less than 12 months until auto-enrolment starts.
FSA proposes rules to protect unit-linked policyholders
The Financial Services Authority (FSA) has proposed rules to maintain protection of policyholders with unit linked and index-linked life insurance products while taking account of new European requirements for insurers.
Advice key to consumers' financial decision making
Defaqto supports the IFP's Financial Planning Week campaign 21-27 November to highlight importance of financial planning to consumers.
LV= launches Pension Income Plus Annuity
PIPA, an investment linked lifetime annuity, gives clients the opportunity to have a high level of initial income, with the protection of a minimum income guarantee. Annuity rates are available on standard and enhanced terms, with around 1,400 medical conditions qualifying for enhanced rates of up to 20%.
Pensioners own property worth £756.6 billion
Retired homeowners have total property wealth owned outright of £756.6 billion despite continuing housing market volatility, new research from leading independent equity release adviser Key Retirement Solutions shows.
Nearly half of women aged 40+ living with a partner have no pension
Nearly half (46 per cent) of women over the age of 40 who live with a partner have no pension of their own, according to new research by Prudential into couples' attitudes to retirement.