Pension News
Companies move to reassure DC pension members
As stock markets continue their volatile ride, members of defined contribution (DC) pension schemes are thinking more than ever about how this affects their pension.
AXA Winterthur launches The One
AXA Winterthur Wealth Management is to launch the first product from its new business model - The One from Winterthur - its new style Self Invested Personal Pension (SIPP) offering.
Pension scheme self-certification measures need more work
Commenting on the announcement from Rosie Winterton MP, Minister of State for Pensions, on proposed new rules to enable employers to self-certify their workplace pension schemes, Maggie Craig, the ABI's Director of Life and Savings, said: "We support the principle of employer self-certification and appreciate the Government's commitment to it.
New pension measures announced to help employers
New measures designed to ease the administrative and financial burdens on employers running pension schemes have been announced by Pensions Minister, Rosie Winterton.
Annuity transfer target will still cost pensioners
Pension savers need increased protection against transfer risks when they turn funds into retirement income despite industry initiatives to speed up annuitisation, Virgin Money warns.
Just Retirement weighs up pros and cons of unsecured pensions
Just Retirement, one of the UK's leading providers of retirement solutions, has issued a number of clear guidelines for advisers to use when consulting with clients on retirement income options.
Brits unaware of tax relief on pension contributions
Brits are failing to safeguard their future with effective long term financial planning, according to research from life insurer Zurich.
Protected rights: extra costs for advisers and clients?
Just four weeks after the relaxation of the rules governing the self-investment of Protected Rights, new research reveals that clients of some SIPP providers could be paying extra for self-investing Protected Rights money into a SIPP.
Faith in property as a pension has plummeted this year
A tumultuous year in the UK property market has resulted in a dramatic loss of faith in bricks and mortar to fund people's retirement.
Norwich Union warns against a nation of retirement regretters
As Britain's savings rate hits its lowest level for 50 years, Norwich Union, part of Aviva, is warning young people that they shouldn't let the credit crunch stop them considering their financial futures now - or they may face regrets in retirement.
UK workers miss out by failing to join company pension schemes
UK workers are missing out on a £5.07 billion a year by failing to join company pension schemes.
'Vicious circle' for investors in with-profits funds
Chartered financial planner at Fairinvestment.co.uk, Sharon Bratley, comments on the recent announcements from Standard Life, Legal & General and Norwich Union that final bonuses will be cut on their with-profits products including endowments, pensions and savings.
Pension advice gap
Almost three quarters of consumers (74%) surveyed by Defaqto have not sought any advice about planning for their retirement.
AXA launches innovative Save More Tomorrow pension
As the number of people saving into a private pension scheme drops off and the credit crunch hits pension values, AXA is launching a new pension plan, Save More Tomorrow, that aims to address the growing problem of lack of pension provision faced by UK workers.
The FSA has again let down with-profits policyholders, says Which?
As the Treasury Committee publishes the FSA's response to the inherited estate report, Which? chief executive, Peter Vicary-Smith, says: "Policyholders needed prompt action but the FSA has let them down.