Pension News
Standard Life scoops Top Award
Standard Life has scooped a top award as DC Provider of the Year at the UK Pensions Awards 2007 held in London.
Final call for former Scottish Life members to claim payments
Scottish Life is making a last call for former members to get in touch if they had an eligible policy at the time of the company’s demutualisation in 2001, as they may be entitled to a payment of £500 for loss of membership.
Legal & General launches Group Portfolio Plus SIPP
Legal & General, the largest manager of UK pension fund assets is launching a new product in the group defined contribution market.
The Property Investment Market launches SIPP product
Investors can now combine the tax advantages of a pension scheme with the growth potential and rental income from buy-to-let property via The Property Investment Market (TPIM), the world’s first property exchange.
Flexible international trading with the TD Waterhouse Multi-currency SIPP
TD Waterhouse has announced the launch of an optional multi-currency facility on its Self-Invested Personal Pension (SIPP).
SIPPS price war breaks out as tide turns on charges
Average set up fees for Self-Invested Personal Pensions (SIPPs) have been cut by up to 13 per cent in the past year as competition increases in the booming market following a period of unbridled success, the leading financial research company Defaqto says.
GE Life becomes “Tomorrow”
At and post retirement specialist, GE Life today unveils its new name – Tomorrow - which it is adopting with immediate effect following the acquisition by Swiss Re of the GE Life group of companies.
Work really is the secret of eternal youth
The UK’s pensioners have discovered the secret of eternal youth and are turning long-held stereotypes on their head, according to a major new report commissioned by FTSE 100 life and pensions company Friends Provident.
SIPP cancellation rule means investors could miss out on pensions performance
James Hay, the UK’s leading Self Invested Personal Pension (SIPP) provider, has warned that rule changes introduced on April 6th2007 could lead to investors missing out on pensions performance.
Pay attention to your pension before retiring to the sun
Over one million Brits are currently receiving their pension abroad and this is expected to more than triple to 3.3 million by 2050.
Shop around for your annuity
The need to shop around for your annuity has rarely been greater according to Find.co.uk, consumer finance portal.
Financial Assistance Scheme - review of assets
Secretary of State for Work and Pensions, John Hutton today announced a review of pension scheme assets held by insolvent employers.
Charles Stanley enables investors to open last-minute SIPPs
With only days to go until the end of the tax year, Charles Stanley is offering investors guaranteed investment in SIPPs right up the close of business on Thursday 5th April.
FundsNetwork carves out 6.5 per cent share of UK SIPP market
In the first year since launching its SIPP, Fidelity FundsNetwork saw its share of the UK SIPP market jump to 6.5 per cent, while it also secured a 4.6 per cent share of the UK personal pension market. In the run up to the end of the first tax year since A-Day, sales of the FundsNetwork SIPP are continuing to grow strongly, with the average case size in 2007 hitting £170K.
Employers do not review performance of staff pensions
One quarter of small to medium size (SME) employers (25 per cent) do not regularly review the performance of those investments in which they have invested their staff's pensions to check they are performing well.