Pensions
Leeds enters SIPP deposit market
Leeds Building Society has launched a range of competitive deposit accounts specifically designed to establish the UK's 5th largest building society as a SIPP cash-deposit provider.
Workers losing out on company pensions
More than one in five workers are turning down "free money", according to Zurich research into take-up of company pensions.
New service cuts the cost of financial advice
Accessing good independent investment and pension advice just became simpler, cheaper and more efficient, thanks to a new service from Torquil Clark called ‘TQ Active Money'.
Home is pension for a third of retirees despite falling house prices
Retirement specialist LV= has revealed that a third of over-50s (31%, two million people) look set to use the equity in their home to help supplement their retirement income in the future, up from 1.5 million people in 2010 - dubbing them the HIPpies generation (‘Home is Pension').
More than a third put their pension savings on hold
More than a third (35 per cent) of British adults who are yet to retire have stopped paying into their pension pots, according to research by Prudential.
East Midlands top for pension savings
People in the East Midlands save more into a pension each month than any other region in the UK, according to research from Standard Life. On average, they save £172 a month towards their pension, £35 more than average.
Millions ignorant to risk on pensions and investments
More than a third (39%) of Brits have never made a change to the risk profile of their pension and investments, according to Baring Asset Management ("Barings").
One in three UK workers don't have a pension
More than one in three (35 per cent) workers in the UK admit that they don't have a pension, meaning that they will have to rely on the State Pension and any savings in retirement, according to research by Prudential.
Time to force annuity buyers to shop around for best pension deal
The Government must move quickly to make it obligatory for pension firms to inform customers that they can shop around for the best deal when it comes to turning their pension pot into an annuity, a so-called ‘income for life’.
F&C's pension scheme tops UKSIF's sustainable pensions survey
F&C Asset Management Pension Plan has topped a survey on sustainable pensions by UKSIF, the sustainable investment and finance association.
Spain again tops overseas retirement hotspots
Standard Life has revealed the top retirement hotspots outside the UK. These are: 1st Spain; 2nd Australia; 3rd USA; 4th France; 5th Ireland.
Extreme market volatility puts emphasis on guarantees
MetLife believes that the near-retirement and in-retirement segments need to focus on investment guarantees and protection products in the light of the current very challenging stock market volatility.
13.6 million UK adults without a pension
A staggering 38% of British adults (13.6 million) do not have a pension, according to research from Baring Asset Management (Barings), the international investment management firm.
Pensions shortfall will give biggest boost to equity release sales
The majority (98%) of IFAs believe equity release will be a big future growth area and crucial in meeting the needs of the UK's ageing population, according to research from LV=.
Rise of the centenarian increases the focus on longevity innovation
New Government analysis forecasting a dramatic rise in the number of people living to 100 is increasing the need for innovation and flexibility in retirement income planning, MetLife says.