Pensions
Shop around for best SIPP cash accounts
The average default cash account used by SIPPs pays an interest rate of 0.21% on a £5,000 balance, according to analysis from Defaqto.
Pensions death risk for unprepared couples
More than half of UK adults aged 40-plus and who are not yet retired are at risk of losing all or part of their private pension income if one partner dies because they are failing to make any pension provision for each other, new research from Prudential shows.
PPF unveils new pension protection levy formula
The Pension Protection Fund (PPF) has unveiled proposals for a new formula which will be used for calculating the pension protection levy from 2012/13 onwards.
Interest rate rise would hit over 50s pension pots hard
An increase in interest rates this week would hit the over-50s retirement savings hard, reveals research from retirement specialist LV=, forcing people to cut their pension savings to cover increased repayments on debt.
Poor pensions awareness hitting jobseekers
Too many people are sleepwalking into a job with no idea about its pension provision, and employers are not doing enough to help them, the UK's leading pensions body warned today.
Britons lukewarm attitude to pensions must shift
An expert at the Property Investor Show & OPP Live (14-16 October, London ExCel) believes that Britons are too apathetic when it comes to their own pensions.
Cardiff the ‘cheapest’ place to retire
Research by MGM Advantage, the retirement income specialist, reveals that of Britain's largest 20 cities, Cardiff is the cheapest place to retire.
Give to your children not the taxman
Alliance Trust Savings, one of the country's leading SIPP providers, has shown that individuals can reduce their inheritance tax liability while at the same time provide for the financial future of their children or grandchildren.
How long would your ‘financial safety net’ last?
Almost four million Britons will be unable to maintain their current lifestyle beyond February 2011 if they had to live off their current ‘emergency' financial provisions, according to Scottish Provident's Financial Safety Net report.
High demand for information on benefits, tax and care
Just Retirement's second annual survey of annuitants has revealed a significant demand for information and guidance on finances from those in retirement.
Zurich UK Life enhances ‘at retirement’ proposition
Zurich UK Life is enhancing its ‘at retirement' proposition, which includes a new annuity provider, Legal & General, offering many of its customers' greater choice.
Just Retirement finds annuity customers active online
Just Retirement, the specialist provider of financial solutions for those at and in retirement, has revealed the results of its second annual survey of annuity customers and provides some interesting insights into retirees' use of technology.
‘Home is pension’ is mantra for retiring generation
‘Home is Pension' is a common mantra among the over-50's workforce in Britain, according to a report published by retirement specialist LV=.
Pensioners urged to declare health issues for enhanced annuities
Fair Investment Company is urging pensioners with ill health to make sure they declare it when getting annuity quotes because they could get up to 40 per cent more for their pension fund.
Saving for pensions suffers as short term fears kick in
The MoneyMood Survey from Legal & General reveals a worrying shift away from longer-term saving, such as saving for a pension, as short-term needs outweigh the need for retirement planning.