Pensions
Spain again tops overseas retirement hotspots
Standard Life has revealed the top retirement hotspots outside the UK. These are: 1st Spain; 2nd Australia; 3rd USA; 4th France; 5th Ireland.
Extreme market volatility puts emphasis on guarantees
MetLife believes that the near-retirement and in-retirement segments need to focus on investment guarantees and protection products in the light of the current very challenging stock market volatility.
13.6 million UK adults without a pension
A staggering 38% of British adults (13.6 million) do not have a pension, according to research from Baring Asset Management (Barings), the international investment management firm.
Pensions shortfall will give biggest boost to equity release sales
The majority (98%) of IFAs believe equity release will be a big future growth area and crucial in meeting the needs of the UK's ageing population, according to research from LV=.
Rise of the centenarian increases the focus on longevity innovation
New Government analysis forecasting a dramatic rise in the number of people living to 100 is increasing the need for innovation and flexibility in retirement income planning, MetLife says.
Alliance Trust Savings extends summer offers
The market leading summer offers recently announced by Alliance Trust Savings have been extended due to popular demand, giving investors more time to take advantage of the summer offers on the Alliance Trust Savings Select SIPP and Investment Dealing Account.
Alliance Trust predict surge in flexible drawdown
Alliance Trust Savings, one of the country's leading SIPP providers has predicted a surge in advised flexible drawdown business as a result of the 2011 Finance Bill gaining Royal Assent.
Retirement income worries and lump sum regrets for pensioners
More than two in five pensioners (43 per cent) say they are living a ‘cautious' retirement as they worry about having sufficient long-term income to get by, according to new research from Prudential.
Don't let care home fees erode a lifetime's wealth
Many of us plan for inheritance tax to stop chunks of our estate going to the tax man instead of our children. But there’s a much greater threat to your lifetime’s wealth that few people think to prepare for.
AXA Wealth Family Suntrust offers flexible drawdown
AXA Wealth is introducing a flexible drawdown option for eligible members of its family SIPP; the AXA Wealth Family Suntrust (‘FST').
Aviva introduces Fixed Term Retirement Plan
Aviva is launching its new Fixed Term Retirement Plan, a retirement income plan that doesn't lock customers in for life.
Retired Brits are £6,200 a year short of a comfortable retirement
UK pensioners are living on an average of £6,200 a year less than the £22,000 they say they need to live comfortably, with two in five (38 per cent) finding living on their retirement income harder than they originally expected.
Young people realistic about need to save for retirement
While young people are realistic about the need to save for retirement, they are likely to need incentives to make it a priority, a new survey from Fidelity International suggests.
Prudential guarantees to shake-up UK life and pensions market
Prudential UK has launched a major assault on the UK's bond and pensions market with the launch of a range of new guarantees across the PruFund Growth and PruFund Cautious funds.
UK pension savers set to gift £795 million to the taxman
Higher rate tax payers in their employer's occupational pension schemes could be missing out on as much as £795 million this year by failing to top up pension funds with additional tax relief added, according to research from unbiased.co.uk.