Pensions
Heartwood reveals the cost of a comfortable retirement
According to Heartwood, the independently-owned wealth manager, newly retired 65 year olds in the UK’s wealthiest 10% of households will need to spend £920,000 to maintain their standard of living over a 20 year retirement, over twice the amount that would be spent by the average household.
Top ten financial tips to start 2011 on the front foot
While we all know Christmas is a time to indulge, the New Year is about starting over and, when it comes to financial planning, what better excuse for consumers to whip their personal finances back into shape.
Financial advisers still number one for retirement advice
Defaqto's retirement report, published today, reflects the findings of a UK-wide survey of 1,000 consumers, which asked people about a broad range of aspects relating to their retirement planning.
Lack of confidence in retirement income grows
A survey by independent financial research company Defaqto has found a growing lack of confidence among consumers that their retirement income will meet their needs.
Many over 55s are confused by financial products
Latest research from Age UK Enterprises reveals that 61 percent of over 55s are confused by financial products. Only around one in three (30%) over 55s are confident that all the financial purchases they have made are best for their needs.
HSBC announces Fund Platform features
HSBC's Workplace Retirement Services has announced the features of its new Fund Platform, launched as part of its commitment to deliver a range of group defined contribution (DC) pension products and services through Employee Benefit Consultants (EBCs) and corporate Independent Financial Advisers (IFAs).
Career mobility could lead to ‘lost’ retirement funds
Job-hopping and ‘portfolio careers' could threaten future retirement security, as workers fail to keep track of their pensions, Aviva warns today.
How to get a guaranteed rate of up to 16% on your savings
Low interest rates, with even the best instant access accounts only giving around 3%, have left many retired people struggling to make ends meet.
4.5 million over-50s expect to work past retirement age
4.5 million of today's over-50s expect to work beyond their state retirement age by an average of just over 6 years, according to the first Working Late Index, published by insurance, investment and retirement group LV=.
Ideal retirement
The ideal age for retirement is considered to be 60, according to a new survey.
Pension funds continue to hedge in uncertain markets
F&C's latest quarterly survey shows a continued level of inflation hedging and a slight decrease in interest rate hedging by pension schemes compared to previous quarters.
Couples risk leaving pension planning too late
Fewer than half of UK couples aged 40 and above have discussed seriously how much money they need to save for retirement, despite reaching a critical age for retirement planning.
Still 'Home Sweet Home' for Brits, but for how long?
Home may well be where the heart is for most Brits, but research revealed by Friends Provident shows that, with 32% of us not having a pension, the home may be a much more important asset than that.
L&G’s WorkSave pension selected by Alliance Boots
Legal & General's WorkSave pension was selected by Alliance Boots, a leading international, pharmacy-led health and beauty group, as the company pension for its UK employees.
Zurich enhances pensions and investment proposition
Zurich UK Life has announced it is enhancing its pensions and investment proposition with the introduction of sixteen new funds with immediate effect.