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Author profile

Rachel Dalton

Articles by Rachel Dalton

Economics / Markets

PwC predicts cuts will cost 1m jobs - papers

PwC warns the austerity budget will cause job losses of 500,000 in both the public and private sectors.

clock 13 October 2010 •

uncategorised

DWP exposes poor state pension knowledge

Levels of knowledge about state pension entitlements are "limited" and "incomplete" among those who will rely solely or mostly on the government for retirement income, according to a DWP report.

clock 12 October 2010 •

uncategorised

Hargreaves predicts massive cut in pension tax breaks

Hargreaves Lansdown forecasts the government will cap pension tax relief at between 20% and 40% ahead of the Treasury's policy announcement on Thursday.

clock 12 October 2010 •

uncategorised

Defaqto names top SIPP cash accounts

Scottish Widows, Irish Nationwide and Investec Bank have the best interest rates on their SIPP cash accounts but shopping around is essential, according to Defaqto.

clock 12 October 2010 •

uncategorised

IFA interest grows for low cost annuity service

The retirement income service launched by Annuity Clearing House (ACH) in June has had a positive reaction from advisers, chairman Peter Quinton says.

clock 12 October 2010 •

uncategorised

Govt switches pension benchmark to CPI

The government will today switch the inflation benchmark for pensions and benefits from RPI to CPI, potentially shaving millions off investors' savings.

clock 12 October 2010 •

uncategorised

McPhail: £40k annual allowance may push public servants out of DB

Lowering the annual pension contribution allowance to £40,000 could persuade some middle-management public servants to take up career average schemes to avoid harsh tax penalties, pensions expert Tom McPhail says.

clock 12 October 2010 •

uncategorised

Inflation risk 'biggest threat to retirees'

A third of people approaching retirement feel inflation poses the greatest risk to their pension pot, whilst long-term care was their second biggest concern, a survey from Sun Life of Canada found.

clock 11 October 2010 •

uncategorised

Smokers' annuity rates stir but RPI and level slashed

Smokers annuity rates rose in October after months of inactivity but RPI linked and level products were cut, according to Alexander Forbes Annuity Bureau.

clock 11 October 2010 •

uncategorised

Private pensions cost taxpayer £37.6bn

Private sector pensions cost the taxpayer more than public sector pensions in 2007/08, Richard Murphy, founder of Tax Research LLP says.

clock 11 October 2010 •
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