Pension News
Weathering the credit crunch in retirement
Jerry McLoughlin, Principal at Punter Southall Financial Management, gives advice for individuals on a fixed income during an economic downturn.
Legal & General launches new individual pension plan
Legal & General has extended its range of individual pensions by launching a new individual pension plan.
A state pension built to last for the next 100 years
James Purnell today paid tribute to those who campaigned for the first state pension a century ago - and looked forward to the next 100 years of the state pension as a result of vital reform to the system.
Industry should encourage shopping around for annuities
As the Financial Services Authority publishes its review of the quality of annuity provider literature and alleged delays in the transfer of annuity funds, Which? personal finance campaigner, Dominic Lindley, says:
FSA calls for fair treatment of annuity customers
A Financial Services Authority (FSA) review of the quality of annuity provider literature and alleged delays in the transfer of annuity funds found some good practice, but also that many firms must make improvements to ensure that pension customers are being treated fairly.
Standard Life SIPP ready for protected rights
Standard Life has announced it will be ready for business from the 18th August to allow people to transfer and invest their existing protected rights pension pots into the SIPP, following a change in Government legislation.
James Hay sees 158 per cent increase in ESIPP business
James Hay, the UK's largest Self Invested Personal Pensions (SIPP) provider, today reports a significant increase (158 per cent) in the number of James Hay eSIPPs sold in the first half of 2008, when compared to the first half of 2007.
AXA launches Save More Tomorrow
AXA has launched its Save More Tomorrow service on its Group Personal Pensions and Group Stakeholder products.
Changing lifestyles drives appetite for advice on pensions and saving
Zurich is urging advisers to review their clients' retirement portfolios in light of people delaying their retirement, or considering going back to work - a term dubbed ‘returnment'.
Millions lost in poor paying SIPP cash accounts
James Hay, the UK's largest Self Invested Personal Pensions (SIPP) provider, warns that SIPP investors may be continuing to miss out due to poor paying cash accounts within SIPPs. Market volatility is driving SIPP investors to move segments of their portfolios into cash.
Pensioners failing to budget for retirement life
UK pensioners are failing to budget for life in retirement despite the economic slowdown, with many spending considerably more in year one than in subsequent years, only to regret their splurge as the reality of living on a pension bites, according to new research conducted for Prudential.
Member involvement on pension scheme boards continues to grow
New TUC research reveals that 86 per cent of pension scheme boards now have one-third of their trustees nominated by members and many are moving towards 50 per cent representation.
Is home where the pension is?
With recent evidence of falling house prices, Friends Provident is urging people to think beyond property when it comes to their financial futures.
Returnment - the new retirement
Pensioners are being forced to delay their retirement, or return to work because of the rising cost of living, according to research from Zurich.
Zurich expands fund range
Zurich has introduced an additional range of funds across its pension and investment proposition.