Pensions
Health, happiness and holidays key priorities for babyboomers
The three ‘Hs' - health, happiness and holidays - are among the chief priorities for the babyboomer generation when considering retirement according to new research conducted by YouGov for AXA Wealth.
£3.5 billion pensions shortfall expected as incomes drop
People retiring this year expect to be £1,270 a year worse off than people who gave up work in 2009 as expected income fell for the third year running, according to newly released research from Prudential.
Pensions fit for the future
Two million pensioners will be lifted out of means-tested benefits through a new simpler state pension system and workers will have the opportunity to retire on two-thirds average earnings, thanks to new plans from the National Association of Pension Funds (NAPF).
Recession and financial emergencies delay retirement plans
Nearly 3 million UK adults aged over 45 have delayed their plans to retire because of the recession or a personal financial emergency, or because they want to keep working to build a bigger pension pot, new research from Prudential shows.
AXA calls for clarity on way forward for public sector pensions
With the balancing of public sector finances a key general election issue, AXA is calling on all political parties to specify exactly how they plan to tackle the rising cost of public sector pension provision, and how a sustainable approach to financing this can be achieved.
New low cost pension to help millions save for retirement
The Government has set out the expected charges for NEST (National Employment Savings Trust), which will give millions of people the opportunity to save to meet their aspirations for their retirement.
Society’s poorest most likely to opt out of pension schemes
The poorest in society are most likely to opt out once government proposals forcing companies to enrol employees into pension schemes come into effect in 2012, according to research from Hymans Robertson.
New film to encourage pension saving
The NAPF has unveiled a new film to help employees understand how important it is to save for their future, and how their company pension scheme can be part of that.
Wealth more important than health for happy retirement
Almost three-quarters (71%) of employees say that being financially secure would make them happy in retirement according to new research from the National Association of Pension Funds (NAPF).
Give your mum a financial makeover this Mother’s Day
Flowers, chocolates and spa days will be the obvious gifts of choice this Mother's Day but, while appreciated by mothers across the country, will they improve her financial future or retirement options?
MGM Advantage awarded five stars for retirement income
MGM Advantage, the innovative retirement income specialist, is delighted to announce that its recently launched flexible income annuity product has been awarded five stars by Moneyfacts, the UK's leading independent financial information provider.
MGM Advantage: Growth of enhanced annuity market
Aston Goodey, Director of Sales and Marketing, MGM Advantage comments, "Enhanced annuities have experienced a strong growth in sales in recent years and we aren't surprised to hear that they now account for almost one in five of annuities sold.
Pension income not enough for retirement
Only a third (34%) of working people believe that their pension will give them enough money in retirement according to new research rom the National Association of Pension Funds.
Five star Defaqto rating for Aviva Sipp
Aviva's self-invested personal pension (Sipp) has achieved a five-star Defaqto rating.
Government must rethink pensions tax plans, says NAPF
The Government must stop its plans to change pensions taxation for high earners, look carefully at the threat they pose to wider pension provision, and listen to the pensions sector's alternative approach. This is the message given in the NAPF's response to a Government consultation today.