Pensions
Standard Life offers gold investment via SIPP
Standard Life has teamed up with GoldMoney, one of the world's largest providers and holders of physical bullion for retail investors, to offer SIPP clients the ability to invest directly in gold bullion.
Pension changes - what pension changes?
Wealthy Britons are burying their heads in the sand over April's changes to pension tax relief according to new research from HSBC. Around half of all respondents (47%) said they won't be impacted by the changes, despite figures suggesting that many of Britain's top earners will be hit by the little-publicised reduction of pension tax relief allowances.
Equity release could help provide additional retirement income
Latest research from Age UK Enterprises, the commercial services arm of charity Age UK, reveals that 66 percent of those aged 60 and over own their homes outright yet of these just over a third (34%) of all those aged 60+ have only the state pension as their main source of income.
Working women less likely to have financial back-up
Almost a century after women asserted their right to vote, a new report from protection specialist, Bright Grey reveals another step forward in equality by highlighting that almost half (46%) of working women currently describe themselves as the main earner in their household.
Fair Investment launches ISA and Investment Account and SIPP
Pensions, savings and investment specialist Fair Investment Company this week launches two new low cost, easy to manage multi-asset investment services offering access to thousands of investment opportunities: a Self Invested Personal Pension (SIPP) service for tax efficient pension investments, and an ISA and Investment Account for tax efficient ISAs and investments.
LV= to launch capped and flexible drawdown
Following the Government's announcement to remove the requirement to buy an annuity at the age of 75, LV= has confirmed that from April, it will be ready to offer capped drawdown, and also accept pension transfers from those over 75 into its capped drawdown product.
Invest in your future with online pension
Standard Life has launched the Active Money Personal Pension (AMPP) online, available via standardlife.co.uk. The AMPP combines an easy purchase process with total flexibility and a broad range of investment funds with the benefits of tax-relief, where for every £80 the customer invests, the tax man tops up with a further £20.
The secret’s out - life actually begins at 60
The average Brit thinks you are officially ‘old' at the age of 66. However, what the younger generation don't realise is 60-somethings are happier than their younger counterparts, feel financially and physically fitter and take more holidays, according to a new report by retirement specialist LV=.
Austerity bites for 41% without a pension
Research undertaken on behalf of F&C Investments suggests that 41% of adults in the UK have no pension provision, with nearly 48% also having no long-term savings they could draw on in retirement.
One in five will retire in debt this year
More than one in five people retiring this year will still have debts when they stop work, owing an average of £33,100 according to new research from Prudential. One in 20 will retire with outstanding debts of more than £50,000, rising to a staggering 1 in 10 among men over the age of 65.
TQ Invest Annuities Service - Champagne offer extended
Following the successful launch of their new annuity brokering service, TQ Invest is extending their champagne offer until 28th February 2011.
LV='s protected retirement plan to appear on openwork panel
Leading flexible retirement solutions provider LV= has announced its Protected Retirement Plan (PRP) is now available on Openwork's newly launched annuities panel.
LV= extends discount on low cost SIPP
LV= has extended the discount offer on its low cost SIPP, the Flexible Transitions Account (FTA), until 31 March 2011.
Personal pensions the individual pension product IFAs sell most
A survey by independent financial research company Defaqto has found that personal pensions remain the most sold pension product among IFAs who deal in individual pension products.
New guide helps customers shop around for an annuity
Pension providers will do more to encourage customers to shop around before buying an annuity, as outlined in a new 'Best Practice Guide for the Retirement Process' published by the ABI.