Pensions
Unclaimed benefits to beat the budget
Some pensioners may not be claiming state benefits to which they are entitled, according to research conducted by Just Retirement Solutions (JRS).
AJ Bell adds ISA and dealing account to Sippdeal
AJ Bell, UK privately owned provider of self-administered pensions and stockbroking services, has announced a range of enhancements to their platform.
Brits fail to plan for long term goals
People in the UK live for the moment rather than the long term, with more than one in six (17%) failing to plan their finances at all, according to research from Standard Life.
Philanthropy begins at home for under 21s
One in three people would sacrifice at least 10% of their income to support their parents in retirement, research from Aviva has revealed. This is roughly double the amount that savers in the UK are currently investing in their company pension arrangements on average [5% of gross salary].
Rising costs leaving older people living on the breadline
Rising living costs are causing significant hardship for pensioners with nearly half saying they are just ‘getting by', and one in ten admitting they are finding it difficult or really struggling, according to new research for Age UK.
First life and pension link for M&G Inflation Linked Bond Fund
Skandia has now made the M&G UK Inflation Linked Corporate Bond Fund available to investors via its life and pensions fund range.
More than a third will put retirement dreams on hold
More than a third (38 per cent) of people due to retire in 2011 are cancelling their plans and delaying retirement, and a significant proportion (22 per cent) of these are doing so because they can't afford to stop working.
The number of people saving for a pension rises
The number of people who say they're saving for a pension has shown a significant rise according to figures in the latest Legal and General MoneyMood Survey indicating a positive return to saving for the longer-term.
Expat pensioners and baby boomers are flocking back to the UK
Expat pensioners and baby boomers are flocking back to the UK in their droves according to figures from currency specialists HiFX.
Market volatility means pension savers face significant shortfall
To highlight many of the issues facing the UK's future pensioners, AXA Wealth has developed a new quantitative index measuring affordability and volatility in retirement saving, and has conducted consumer research which suggests a significant disparity between desired, expected and actual retirement ages.
61% of SIPP providers currently offering flexible drawdown
A survey by independent financial research company Defaqto has found that 61% of SIPP providers are currently able to offer flexible drawdown terms - and advisers need to be aware of the terms on offer if they, and their clients, are to take advantage of today's changes to the income drawdown framework.
LV= confirms flexible drawdown offering
Retirement specialist LV= confirms it is offering a flexible drawdown option under its Protected Retirement Plan (PRP).
LV= makes low cost SIPP offer permanent
Retirement specialist LV= has made the low cost version of its SIPP, the Flexible Transitions Account (FTA), a permanent product offering. LV= launched the discounted offer in September 2010 with an original end date of 31 March 2011.
Britons’ dreams put on the back-burner until retirement
Despite the gloomy economic back-drop, the majority of Brits still have dreams and aspirations, from buying their perfect home in the countryside to an idyllic beach holiday.
Half of over 45s not saving for retirement
Almost half (47%) over-45s are not saving for their retirement, and furthermore, those who are saving are not taking advantage of the tax breaks offered by using ISAs, according to research from M&S Money.