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Friday 5th September 2008
Hargreaves Lansdown forecasts pensions 'car crash' The pensions sector is heading for a "car crash" - with an income of just £1,380 a year currently being derived from the average pot. Independent Financial Advisor (IFA) Hargreaves ...
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Wednesday 3rd September 2008
The Prudential Bails Out Cable And Wireless In a move which is being described as a win win for all parties involved it has been reported that Cable and Wireless has taken out a £1 billion annuity with Prudential to safeguard the... |
Tuesday 2nd September 2008
PPF Takes On Another 15 Pension Schemes News that the Pension Protection Fund has taken on another 15 insolvent pension schemes in August takes the number up to 57 from creation in 2005. The scheme is available to take on the... |
Monday 25th August 2008
Final Salary Schemes Hit New Low News that only 1 in 6 final salary pension schemes are now open to new comers is a reflection of the death of final salary schemes due to a number of factors. The 1 in 6 figure is down from 1 in 4... |
Saturday 23rd August 2008
Pension Firm GP Noble Comes Under The Spotlight As the pension industry continues to try and come to terms with the massive increase in funding requirements of the last few years we have seen the Pensions Regulator use its emergency powers for... |
Tuesday 12th August 2008
Will The Pension Protection Fund Be Called Into Action Soon? The latest news from the corporate pension fund market does not make good reading with deficits rising to some £80 billion, a jump of £17 billion in the month of July alone!
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Thursday 7th August 2008
Is This The End Of Final Salary Pension Schemes? News that the UK’s top 100 companies have seen a massive fall in their pension funds values has led to suggestions that the end of the final salary pension scheme is nearing. In total the top 100... |
Tuesday 5th August 2008
Pension Annuities Under The Spotlight News that the Financial Services Authority (FSA) has given pension companies just 5 months to sort out the current mess has been well received by consumer support groups and industry leaders. A... |
Thursday 31st July 2008
Do You Want To Work Until You Are 70? A report by Lord Turner of Ecchinswell into the UK state pension scheme has advised the government that in order to maintain the relative value of today’s pension, the age of retirement will need... |
Thursday 31st July 2008
Pension Fund Deficits Are Rising Those who saw the headline results from BT may have missed a small but telling comment towards the end which confirmed that the company’s pension scheme had slipped into deficit and needs topped... |
Wednesday 30th July 2008
Is Pension Regulation Red Tape Killing Final Salary Schemes? News that the government is going to be adding a new layer of regulations and rules with regards to final salary pension schemes has provoked a furious response for the CBI who’s membership are... |
Tuesday 29th July 2008
NI Blunder Sees Many Pensioners Left Penniless Yet again we are seeing signs of the UK benefit system collapsing around our ears with news that a number of people in the UK have been given the same National Insurance number. The catastrophe... |
Tuesday 29th July 2008
Equity release 'might be on the decline' Decreasing numbers of homeowners are to use equity release to fund their retirements, thanks to declining house prices. According to insurer MetLife, around one third of people feel "less con... |
Monday 28th July 2008
Annuity rates 'increasing due to credit crisis' Annuity rates are on the up as a direct result of the credit crunch, the Observer reports. Figures from stockbroker Hargreaves Lansdown cited by the newspaper show that average rates have increase... |
Monday 21st July 2008
Property pension advice Homeowners should avoid investing in property alone to fund retirement, according to new advice from Friends Provident. The pensions provider has suggested that equity release alone will not be en... |
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Pensions
Using a keynote speech at the CBI in Scotland we saw Gordon Brown looking more upbeat than he has for some time, more resilient and more candid in his approach to the struggle with the economy.... 
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