Pensions

Aviva launches ‘magic money' social media campaign

Aviva is using ‘magic' in a newly launched social media campaign to raise awareness among younger workers about the importance of making the most of their hard-earned cash.

"Pensions have an image problem" says Pensions Minister

Pensions Minister Steve Webb has spoken exclusively to Saga about the poor image of pensions, how low interest rates and quantitative easing have damaged annuities and why Government is going to use employers to promote pensions and auto-enrolment.

Manufacturing industry make the most of pension benefits

People working in the manufacturing sector are more likely to join their company pension schemes than in any other industry, according to Zurich research into take-up of company pensions.

Figures show drop in pensioner income as Gilt yields hit record low

Low-cost platform provider A J Bell is calling attention to the case for change to drawdown rules to protect pensioners from retirement income erosion as a result of record low gilt yields and Government policy.

Corporate advisers buoyant but realistic about pension changes

Corporate financial advisers remain broadly positive about their readiness for workplace savings changes despite there being less than 12 months until auto-enrolment starts.

FSA proposes rules to protect unit-linked policyholders

The Financial Services Authority (FSA) has proposed rules to maintain protection of policyholders with unit linked and index-linked life insurance products while taking account of new European requirements for insurers.

Advice key to consumers' financial decision making

Defaqto supports the IFP's Financial Planning Week campaign 21-27 November to highlight importance of financial planning to consumers.

LV= launches Pension Income Plus Annuity

PIPA, an investment linked lifetime annuity, gives clients the opportunity to have a high level of initial income, with the protection of a minimum income guarantee. Annuity rates are available on standard and enhanced terms, with around 1,400 medical conditions qualifying for enhanced rates of up to 20%.

Pensioners own property worth £756.6 billion

Retired homeowners have total property wealth owned outright of £756.6 billion despite continuing housing market volatility, new research from leading independent equity release adviser Key Retirement Solutions shows.

Nearly half of women aged 40+ living with a partner have no pension

Nearly half (46 per cent) of women over the age of 40 who live with a partner have no pension of their own, according to new research by Prudential into couples' attitudes to retirement.

Why you should be thinking about wealth management

Ask yourself why you save. The answer is probably to provide security for yourself and your family – but what does security look like? Most of us have an idea of what we think it means to us but do you have tangible evidence that gives you peace of mind?