Pensions
Why you should be thinking about wealth management
Ask yourself why you save. The answer is probably to provide security for yourself and your family – but what does security look like? Most of us have an idea of what we think it means to us but do you have tangible evidence that gives you peace of mind?
Government improves pension changes for women
The Government has announced plans to delay the date that the state pension age rises to 66 from April 2020 to October 2020.
Retirees' pension income can halve by picking wrong month
The latest AXA Wealth Pension Index highlights the volatility income dilemma facing the UK's future pensioners.
Brits favour spending on holidays over saving for retirement
Nearly three million working age adults will prioritise going on holiday over continuing to save for their retirement as their finances are squeezed, according to research by Prudential.
45% of Brits don't know how their pension is invested
Almost one in two Britons (45%) are unable to say whether they opted for the default option when they last reviewed their pension, according to research by Baring Asset Management (Barings).
Leeds enters SIPP deposit market
Leeds Building Society has launched a range of competitive deposit accounts specifically designed to establish the UK's 5th largest building society as a SIPP cash-deposit provider.
Workers losing out on company pensions
More than one in five workers are turning down "free money", according to Zurich research into take-up of company pensions.
New service cuts the cost of financial advice
Accessing good independent investment and pension advice just became simpler, cheaper and more efficient, thanks to a new service from Torquil Clark called ‘TQ Active Money'.
Home is pension for a third of retirees despite falling house prices
Retirement specialist LV= has revealed that a third of over-50s (31%, two million people) look set to use the equity in their home to help supplement their retirement income in the future, up from 1.5 million people in 2010 - dubbing them the HIPpies generation (‘Home is Pension').
More than a third put their pension savings on hold
More than a third (35 per cent) of British adults who are yet to retire have stopped paying into their pension pots, according to research by Prudential.
East Midlands top for pension savings
People in the East Midlands save more into a pension each month than any other region in the UK, according to research from Standard Life. On average, they save £172 a month towards their pension, £35 more than average.
Millions ignorant to risk on pensions and investments
More than a third (39%) of Brits have never made a change to the risk profile of their pension and investments, according to Baring Asset Management ("Barings").
One in three UK workers don't have a pension
More than one in three (35 per cent) workers in the UK admit that they don't have a pension, meaning that they will have to rely on the State Pension and any savings in retirement, according to research by Prudential.
Time to force annuity buyers to shop around for best pension deal
The Government must move quickly to make it obligatory for pension firms to inform customers that they can shop around for the best deal when it comes to turning their pension pot into an annuity, a so-called ‘income for life’.
F&C's pension scheme tops UKSIF's sustainable pensions survey
F&C Asset Management Pension Plan has topped a survey on sustainable pensions by UKSIF, the sustainable investment and finance association.