Investment

Final payouts on Norwich Union with-profits funds could be down up to 15% on last year, although regular bonus rates have been held on conventional policies.

Auto-enrolment into pension schemes is expected to begin in October 2012, the Personal Accounts Delivery Authority (PADA) revealed today.

The Government will only compensate Equitable Life policyholders who were 'disproportionately affected' by the maladministration of the scheme but victims may not see their money for well over two and a half years.

The government should take advantage of low yields and issue special pension gilts, Ros Altmann has urged.

The Government will only compensate Equitable Life policyholders who were 'disproportionately affected' by the maladministation of the scheme but victims may not see their money for well over two and a half years.

One in four Britons will delay their retirement as a result of the economic downturn, research from Life Trust suggests.

The aggregate deficit of 7,800 defined benefit schemes monitored by the Pension Protection Fund increased by £58.5bn in December.

Pension funds believe investment management fees are too high and need to come down, a study by financial consultants bfinance suggests.

Avoiding hefty inheritance tax (IHT) bills is the biggest concern for those approaching retirement, according to Lincoln Financial Group.

Scottish Friendly has appointed Michael Walker as its new chairman, taking over from existing chairman, Graham Webster.