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Pensions

Aviva launches pension iPhone app

Aviva is launching an iPhone app to make pensions planning simpler and more accessible.

Pension schemes increase allocation to hedge funds

J.P. Morgan Asset Management has established that on average UK institutional investors are currently allocating 28% of their portfolios to alternative assets, an increase from 21% three years earlier.

UK has biggest individual pensions gap in Europe

The UK has the largest pensions gap per person in the whole of Europe according to research released today.

Dramatic rise in pensioners

When the country is celebrating the Olympics in 2012, baby boomers will be turning 65 in record numbers.

Over 60’s feel 20 years younger!

More than one in four people aged 60 and over feels at least 20 years younger than their real age according to the Retirement Nation 2010 survey from retirement income specialist MGM Advantage.

Eleven more schemes transfer to the PPF

The Pension Protection Fund (PPF) took 11 more schemes under its wing last month (August), resulting in a further 1,584 people around the UK now receiving compensation - or will do so in the future.

Building a pension through property

Are you worried about your pension provision, either because your savings and pension investments are not working out, or because you don’t have a pension at all? You are not alone. According to a recent Prudential pensions survey, 3 in 5 people said they need to continue working after retirement age because their pension wasn’t enough.

A quarter of women will rely on partner’s pension in retirement

Vast numbers of women could be risking financial independence in retirement because they expect to rely on their partner's pension when they come to retire, according to Prudential's latest ‘Retirement Shock' research.

LV= low cost SIPP for those who want to keep it simple

LV= is now offering discounted access to its SIPP, the Flexible Transitions Account (FTA), for the rest of 2010.

Nearly half of women don’t have a pension

A staggering 47% of women who are not retired (8.7 million) in Great Britain do not have a pension, reveals new research from Baring Asset Management (Barings). The total number of women who have yet to retire without a pension is increasing year-on-year, as the corresponding figures in 2009 and 2008 were 40% and 39% respectively.

Over 55s see unexpected expenses eat into savings

Unexpected expenses are forcing over 55s to dip into savings that would otherwise have been used for retirement income, according to latest Aviva's quarterly Real Retirement Report.

As annuity rates fall to all time low

According to Life and Pensions Moneyfacts, annuity rates are at an all-time low; George Ladds, head of investment and pension research at Fair Investment Company, explains why it has never been more important to use the open market option.

48% of working Brits have never reviewed pension plans

According to new research conducted by Baring Asset Management (Barings), almost 17 million people in work in Britain (48%) have never reviewed their pension plans.

Ten top tips on planning for retirement

As pensions and planning for retirement remain a top concern for consumers, over a third (38%) of all searches for an independent financial adviser on unbiased.co.uk, the professional advice website, are for advice on personal retirement planning.

Annuity rates at all time low

The prospects of securing a comfortable retirement have taken a further blow with news that pension annuity rates have hit an all time low.