Pension News

Christmas cheer for Vauxhall pensioners
200 elderly Vauxhall pensioners are set to enjoy a happy Christmas after receiving festive hampers from the Vauxhall Visiting Committee.
IFAs most trusted source of advice for retirement planning
Consumer research findings revealed within Defaqto's Retirement Savings & Income Report 2009 confirm that financial advisers are the most trusted source of advice on retirement planning.
The year that was 2009
2009 has been a rollercoaster of a year, with numerous ups and downs and twists and turns.
Trustee PensionsConnection launched
The National Association of Pension Funds (NAPF) has launched Trustee PensionsConnection, a new service specifically designed to help pension scheme trustees meet the demands of running their scheme on behalf of millions of people saving for retirement.
Directgov explains Pre-Budget Report 2009 on web, mobile and TV
What will the Chancellor’s announcements in today’s Pre-Budget Report (PBR) mean for you? People including environmentalists, motorists, parents and pensioners can all find clear, concise information about this year’s Pre-Budget Report (9 December 2009) by visiting the Nation’s Official Website, Directgov.
Avoid pension pitfalls - Top tips on planning for retirement
As low interest rates and market volatility force consumers to face the reality of their financial position, retirement planning remains a primary concern for many.
Pre-Budget Report should signal annuities shake up
Ahead of next week's Pre-Budget Report, Age Concern and Help the Aged is calling for changes to tax rules and a radical shake up of the annuities market to give hundreds of thousands of people with small pension funds a better deal.
Darling must not dodge opportunity to help pensions savers
The Government can help millions of people saving for retirement by ensuring more of the borrowing it needs to balance its books also meets the long-term needs of pension schemes, the National Association of Pension Funds (NAPF) has told the Chancellor of the Exchequer ahead of next week's Pre-Budget Report.
Pension annuity rates at record lows
The prospects of securing a comfortable retirement have taken a further blow with news that pension annuity rates have hit an all time low.

Pensioners missing out by not declaring medical conditions
A new study has found that many people are missing out on a better income in retirement by failing to shop around for an annuity and not declaring medical and lifestyle conditions.
Savings suffer when women put their families first
For many women, family comes first and their future finances second, according to new research from the fifth annual Scottish Widows Women and Pensions Report.
Equity release turns to funding organisations
SHIP, the equity release industry body, has announced the start of a campaign to encourage major financial institutions to consider the provision of funding for the equity release market.
Standard Life welcomes Options for pension transfers
Standard Life has welcomed phase 2 of the Origo "Options" service which speeds up the time taken to transfer pension funds between providers.
Alliance Trust wins Low-Cost SIPP Provider of the Year Award
Alliance Trust Savings, a subsidiary of Alliance Trust PLC, is delighted to announce that it has been awarded the Low-Cost SIPP Provider of the Year Award at the Financial Times and Investors Chronicle Investment Awards 2009.
Greater comfort and living life to the full drives equity release
Equity release is not just an option of last resort, shows research by Saga Personal Finance. People are withdrawing money from their homes so they can enjoy a better quality of life in retirement.