Pension News
NAPF launches specialist pensions service for HR professionals
The National Association of Pension Funds (NAPF) has launched HR PensionsConnection, a new specialist service aimed at providing information and support to HR professionals involved in their organisation's workplace pension.
Millions of low and middle income earners could lose out in 2012
Hopes of preventing damage to UK workplace pensions following the introduction of the Government's latest savings initiative in 2012 have suffered a major setback.
Scottish Life launches "salary sacrifice" support pack
Scottish Life, the pensions specialist arm of the Royal London Group, has relaunched a range of support material for employers and advisers to help them set up and run successful salary sacrifice schemes.
Over 60s - don't miss out on extra cash
Older people are being urged to claim Pension Credit today while they may still be able to benefit from up to a year's backdated lump sum.
Standard Life develops alternatives during ‘Perfect Storm'
Standard Life has developed new investment options which extend the range of less volatile forms of investment available through its individual, group and Wrap SIPPs.
Pensionsforce gets online makeover
PENSIONSFORCE, the free-of-charge workplace education service designed to help employers help their employees plan for retirement has launched a new website, pensionsforce.co.uk.
Scottish Widows: Pensioners outnumber children
Commenting on ONS figures showing pensioners outnumber children, Ian Naismith, head of pensions market development at Scottish Widows said: “As the number of people over traditional retirement ages continues to increase, the Government simply can't afford to fund our retirement from age 60 or 65.
With profits annuities – an attractive retirement income solution
With improvement in longevity, Legal & General believes that with profits annuities will increasingly be of more interest to advisers as an alternative option to conventional annuities, for those customers who are prepared to accept an element of risk.
Transferring protected rights funds offer consolidation benefits
Investors could miss out on the benefits of consolidation if they fail to take advantage of the new ability to transfer protected rights come the 1st October 2008, says Fidelity International.
Critical risk to pensions
Legal & General is urging people to consider the devastating impact that having a critical illness could have on their ability to save into their pension.
The age of the ‘grandad-olescent'
AEGON research reveals a significant shift in the way 50 to 65 year-olds are viewing retirement, showing how role models such as Harrison Ford and Madonna are turning the ‘baby boomers' into a generation of ‘grandad-olescents'.
PPF takes action to protect and enhance value of its assets
The Pension Protection Fund (PPF) has announced two further steps aimed at enhancing its approach to responsible investing.
Brits set to retire in the red
More than 1 in 3 of the UK population over the age of 55 have outstanding unsecured debts and could be heading towards retirement with a whopping £66 billion in the red, averaging £11,106 per head, reveals a new report from Key Retirement Solutions, the leading independent equity release specialist.
The Halifax pension health check
The centenarian age group is the fastest growing age group in the UK, rising by an astonishing 90 times over the last century, from just 100 centenarians in 1911, to 9,000 in 2006, according to research from Halifax Financial Services.
Delaying pension contributions can cost thousands
Legal & General has calculated the full cost of delaying pension contributions, revealing how important it is that people start saving for income in retirement as early as possible.