Pensions
Couples should make pension decisions together
Insurance, pensions and investments specialist, NFU Mutual is advising couples approaching retirement to consider how their partner would support themselves during and after bereavement, so to avoid unnecessary financial heartache.
Could new limit see investors pick ISAs over pensions?
A recent poll by Fair Investment Company revealed that 14 per cent of respondents have no pension, and of those, a third plan to fund their retirement using ISA investment.
Increased retirement age makes private pensions more important
Following the spending review, insurance, pensions and investments specialist NFU Mutual is advising investors to make the most of their pension contributions, given the Chancellor's decision to raise the State retirement age.
Zurich Equity Linked Growth Account
Zurich UK Life has launched the latest in its new range of Deposit Accounts. Available immediately, the Zurich Equity Linked Growth Account runs for five years.
Adult children bank on retired parents
Retiring parents face increasing financial pressure from adult children, according to new research from Aviva. Although work and wages may have come to an end, the bank of Mum and Dad is expected to stay open.
Don’t miss out on a better retirement income
Thousands of people could be missing out on a better retirement income because of an illogical approach to shopping around for the best deals.
Saving for retirement ‘not given a thought’ by young women
Young women have picked up the bad habits of their parents when it comes to savings and pensions which could lead to widespread poverty amongst future generations, according to the sixth annual Scottish Widows Women and Pensions Report.
Confused.com launches Confused Annuities
With more than one million people set to retire in the next 12 months, Confused.com has launched Confused Annuities, a new annuity comparison site, to allow consumers to easily compare annuities rates available on the open market.
Further falls in annuity rates
The latest findings from the MGM Advantage Annuity Index, which tracks the income paid on enhanced and conventional annuities on a quarterly basis, reveals that in the three months between June 2010 and September 2010 the average conventional rate fell by 3.65%.
Waiting until 2012 to save for retirement could leave you £100k worse off
People who wait just two years for the introduction of the Government's compulsory pension scheme to start saving for retirement could find themselves significantly worse off, analysis from Fidelity Investment Managers shows.
Brits shun retirement in favour of ‘sociable’ jobs
Old age has been delayed indefinitely. The age at which Briton's consider themselves ‘old' is steadily moving upwards as the UK's older citizens spurn the traditional view of ageing.
Government gives grandparents more credit
Grandparents who give up work to look after their grandchildren will no longer lose out on their basic State Pension thanks to Government action.
Boost for Income Choice Annuity payouts
At a time when rates on conventional annuities have been falling, Prudential's innovative Income Choice Annuity is bucking the trend and starting incomes have been increased by 1.5 per cent.
Are SIPPs a better low cost option than stakeholder pensions?
Alliance Trust Savings, one of the country's leading SIPP providers, has shown that investors could benefit from the increased choice available within a SIPP while paying lower charges than many stakeholder pension plans.
Millions of pounds traced in forgotten pensions
People who have lost touch with workplace pension schemes from previous employers, as well as personal schemes, are being urged to track them down to ensure they receive all of their entitlements in retirement.