More than two million Britons have reviewed their pension plans in the past year due to tumbling property prices but a third of the working age population have no plans at all, according to Baring Asset Management.
Large numbers of pension scheme managers have shifted investments from equities to bonds and other investments over the past twelve months, according to Aon Consulting.
European Pensions Management (EPM) has launched its no annual charge Funds SIPP which will give clients access to thousands of unit trusts and OEICs with discounted charges.
SIPP specialist European Pensions Management (EPM) has launched its no annual charge Funds SIPP, which incorporates no charges for contributions on transfers in and a free protected rights facility.
The long term financial security of personal accounts must be the top priority for the body tasked with devising the charging structure of the scheme, Aegon says.
Retirement in the UK currently costs a typical household £413,000 and could rise to around £1m, a study suggests.
Scottish Widows has called on the FSA to increase the disclosure requirements for SIPPs after the Government last week gave the go-ahead for protected rights investment in the pension products.
With-profits products can be a useful tool for investors looking to grow their retirement pot without too much risk says Frank Morton
Robert Pemberton goes through the issues advisers need to bear in mind when putting together long term investment strategies