Pension News
JP Morgan Asset Management comments on the Pensions White Paper
JP Morgan Asset Management (JPMAM) welcomes the publication of today’s second Pensions White Paper.
New pension scheme unveiled
Plans for the automatic enrolment of workers into a new pension system are to be unveiled by the government.
EU cross-border pension schemes
Updated guidance on European Union (EU) cross-border pension schemes has been published today (Thursday) by the Pensions Regulator.
Legal & General expands fund choice on personal pensions
At the end of November, Legal & General added 20 new pension investment funds (18 external and two internal) for personal pension, group personal pension and self invested pension plan customers, taking the total fund choice on its individual pension products to 59.
Cost of living is outstripping pensioners’ incomes
Pensioners’ disposable incomes are being squeezed as household bills rise at a faster rate than pensions, according to the latest Norwich Union Retirement Index.
Friends Provident expands the fund options available on its investment platform
Friends Provident, the FTSE 100 life and pensions company, has extended its investment offering by adding 19 new funds to its life platform.
Legal & General helps employers promote pension schemes
Legal & General has launched a new portfolio of communication tools – including a movie - to help employers promote their group pension schemes direct to their employees.
Landmark payments signal new era in pension protection
A key milestone in the financial security of thousands of pensioners was reached today as the Pension Protection Fund (PPF) made its first direct payments to members of occupational pension schemes.
Younger generation becoming more astute with money
More and more UK consumers still have a ‘live for today’ attitude and are putting off their retirement planning, according to research from Co-operative Insurance (CIS).
Three Widows, two decades, one celebration
Deborah Moore, Amanda Lamb and Hayley Hunt celebrate the 20th anniversary of the iconic Scottish Widow.
Pensions Bill is landmark settlement for the future
The Pensions Bill represents a landmark settlement for future generations, John Hutton, Secretary of State for Work and Pensions said today.
Scottish Widows comments on the Pensions Bill
Ian Naismith, head of pensions market development, Scottish Widows comments on the Pensions Bill: “Scottish Widows welcomes the Pensions Bill, which will put in place much needed changes to State pensions as the first stage in a coherent package of reforms. We recognise that the changes will significantly improve the State pensions of many women and other carers, and will reduce the number of people on means-tested benefits in the longer term. While we would have liked a much simpler State pension system, we recognise the difficulties in achieving that given the starting-point.
UK at a crossroads in pension reform
AEGON says the publication today of the Pensions Bill on state pension reform places us at a pensions crossroads with means tested benefits holding the key to the direction we should take.
Customers choose to remain contracted out
Early responses to Legal & General’s mailing to contracted out customers show that 83% have specifically chosen to remain contracted out of the State Second Pension.
Scottish Life launches Self Invested Personal Pension capability
Scottish Life, the pensions specialist arm of the Royal London Group, is launching a Self Invested Personal Pension (SIPP) product in December.